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Flexible Budget for Selling and Administrative Expenses for a Service Company Daybreak Technologies Inc. uses flexible budgets that are based on the following data: Sales commissions 7% of sales 20% of sales $1,500 per month plus 3% of sales $14,000 per month $2,150 plus 4% of sales $4,750 per month Advertising expense Miscellaneous administrative expense Office salaries expense Customer support expenses Research and development expense Prepare a flexible selling and administrative expenses budget for April for sales volumes of $95,000, $120,000, and $145,000. Daybreak Technologies Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending April 30 $95,000 Total sales Variable cost: Sales commissions Advertising expense Miscellaneous administrative expense Customer support expenses Total variable cost Fixed cost: Miscellaneous administrative expense Office salaries expense Customer support expenses 6,650 19,000 $120,000 8,400 24,000 $145,000 10,150 29,000

Flexible Budget for Selling and Administrative Expenses for a Service Company Daybreak Technologies Inc. uses flexible budgets that are based on the following data: Sales commissions 7% of sales 20% of sales $1,500 per month plus 3% of sales $14,000 per month $2,150 plus 4% of sales $4,750 per month Advertising expense Miscellaneous administrative expense Office salaries expense Customer support expenses Research and development expense Prepare a flexible selling and administrative expenses budget for April for sales volumes of $95,000, $120,000, and $145,000. Daybreak Technologies Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending April 30 $95,000 Total sales Variable cost: Sales commissions Advertising expense Miscellaneous administrative expense Customer support expenses Total variable cost Fixed cost: Miscellaneous administrative expense Office salaries expense Customer support expenses 6,650 19,000 $120,000 8,400 24,000 $145,000 10,150 29,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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ent (Chapter 22) 13 items pre: 6.06% eBook Advertising expense Miscellaneous administrative expense Flexible Budget for Selling and Administrative Expenses for a Service Company Daybreak Technologies Inc. uses flexible budgets that are based on the following data: Sales commissions 7% of sales 20% of sales $1,500 per month plus 3% of sales $14,000 per month. $2,150 plus 4% of sales $4,750 per month Office salaries expense Customer support expenses Research and development expense Show Me How Total sales Variable cost: Prepare a flexible selling and administrative expenses budget for April for sales volumes of $95,000, $120,000, and $145,000. Daybreak Technologies Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending April 30 $95,000 Sales commissions. Advertising expense Miscellaneous administrative expense Customer support expenses Total variable cost Fixed cost: Miscellaneous administrative expense Office salaries expense Customer support expenses 6,650 19,000 Check My Work 1 more Check My Work uses remaining. $120,000 8,400 24,000 Print Item All work saved. $145,000 MacBook Pro 10,150 29,000 Email Instructor Save and Exit x Next > Submit Assignment for Grading ?
Transcribed Image Text:ent (Chapter 22) 13 items pre: 6.06% eBook Advertising expense Miscellaneous administrative expense Flexible Budget for Selling and Administrative Expenses for a Service Company Daybreak Technologies Inc. uses flexible budgets that are based on the following data: Sales commissions 7% of sales 20% of sales $1,500 per month plus 3% of sales $14,000 per month. $2,150 plus 4% of sales $4,750 per month Office salaries expense Customer support expenses Research and development expense Show Me How Total sales Variable cost: Prepare a flexible selling and administrative expenses budget for April for sales volumes of $95,000, $120,000, and $145,000. Daybreak Technologies Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending April 30 $95,000 Sales commissions. Advertising expense Miscellaneous administrative expense Customer support expenses Total variable cost Fixed cost: Miscellaneous administrative expense Office salaries expense Customer support expenses 6,650 19,000 Check My Work 1 more Check My Work uses remaining. $120,000 8,400 24,000 Print Item All work saved. $145,000 MacBook Pro 10,150 29,000 Email Instructor Save and Exit x Next > Submit Assignment for Grading ?
mpter 22) Lesson 11 Assessment (Chapte... < eBook verboing expense Miscellaneous administrative expense Online teaching and learning re... Office salaries expense Customer support expenses Research and development expense Total sales Variable cost: Sales commissions Show Me How ED TO OF Urco Customer support expenses Total variable cost $1,500 per month plus 3% of sales $14,000 per month $2,150 plus 4% of sales $4,750 per month. Prepare a flexible selling and administrative expenses budget for April for sales volumes of $95,000, $120,000, and $145,000. Daybreak Technologies Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending April 30 $95,000 Advertising expense. Miscellaneous administrative expense Fixed cost: Miscellaneous administrative expense Office salaries expense Customer support expenses Research and development expense Total fixed cost Total selling and administrative expenses $ $ $120,000 6,650 $ 8,400 19,000 24,000 Check My Work 1 more Check My Work uses remaining. $ Lesson 11 Videos: Accounting ... $ All work saved. Print Item $145,000 9000Q QOQ MacBook Pro 10,150 C Assignments | Overview 29,000 Email Instructor Save and Exit x Grades for Hannah Hamann: A... Next Submit Assignment for Grading
Transcribed Image Text:mpter 22) Lesson 11 Assessment (Chapte... < eBook verboing expense Miscellaneous administrative expense Online teaching and learning re... Office salaries expense Customer support expenses Research and development expense Total sales Variable cost: Sales commissions Show Me How ED TO OF Urco Customer support expenses Total variable cost $1,500 per month plus 3% of sales $14,000 per month $2,150 plus 4% of sales $4,750 per month. Prepare a flexible selling and administrative expenses budget for April for sales volumes of $95,000, $120,000, and $145,000. Daybreak Technologies Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending April 30 $95,000 Advertising expense. Miscellaneous administrative expense Fixed cost: Miscellaneous administrative expense Office salaries expense Customer support expenses Research and development expense Total fixed cost Total selling and administrative expenses $ $ $120,000 6,650 $ 8,400 19,000 24,000 Check My Work 1 more Check My Work uses remaining. $ Lesson 11 Videos: Accounting ... $ All work saved. Print Item $145,000 9000Q QOQ MacBook Pro 10,150 C Assignments | Overview 29,000 Email Instructor Save and Exit x Grades for Hannah Hamann: A... Next Submit Assignment for Grading
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