Green Earth Landscaping Company provides monthly and weekly landscaping and maintenance services to residential customers in the tri-city area. Green Earth has no variable administrative expense. Fixed administrative expenses for June, July, and August include: Salaries $9,500 Insurance 2,200 Depreciation 3,500 Accounting services 600 Required: Question Content Area 1. Construct an administrative expense budget for Green Earth Landscaping Company for the three summer months. Show total amounts by month and in total for the three-month period. Green Earth Landscaping CompanyAdministrative Expense BudgetFor the Summer Months June July August Total Salaries $fill in the blank eb6b930a400b037_1 $fill in the blank eb6b930a400b037_2 $fill in the blank eb6b930a400b037_3 $fill in the blank eb6b930a400b037_4 Insurance fill in the blank eb6b930a400b037_5 fill in the blank eb6b930a400b037_6 fill in the blank eb6b930a400b037_7 fill in the blank eb6b930a400b037_8 Depreciation fill in the blank eb6b930a400b037_9 fill in the blank eb6b930a400b037_10 fill in the blank eb6b930a400b037_11 fill in the blank eb6b930a400b037_12 Accounting services fill in the blank eb6b930a400b037_13 fill in the blank eb6b930a400b037_14 fill in the blank eb6b930a400b037_15 fill in the blank eb6b930a400b037_16 Total administrative expense $fill in the blank eb6b930a400b037_17 $fill in the blank eb6b930a400b037_18 $fill in the blank eb6b930a400b037_19 $fill in the blank eb6b930a400b
Green Earth Landscaping Company provides monthly and weekly landscaping and maintenance services to residential customers in the tri-city area. Green Earth has no variable administrative expense. Fixed administrative expenses for June, July, and August include: Salaries $9,500 Insurance 2,200 Depreciation 3,500 Accounting services 600 Required: Question Content Area 1. Construct an administrative expense budget for Green Earth Landscaping Company for the three summer months. Show total amounts by month and in total for the three-month period. Green Earth Landscaping CompanyAdministrative Expense BudgetFor the Summer Months June July August Total Salaries $fill in the blank eb6b930a400b037_1 $fill in the blank eb6b930a400b037_2 $fill in the blank eb6b930a400b037_3 $fill in the blank eb6b930a400b037_4 Insurance fill in the blank eb6b930a400b037_5 fill in the blank eb6b930a400b037_6 fill in the blank eb6b930a400b037_7 fill in the blank eb6b930a400b037_8 Depreciation fill in the blank eb6b930a400b037_9 fill in the blank eb6b930a400b037_10 fill in the blank eb6b930a400b037_11 fill in the blank eb6b930a400b037_12 Accounting services fill in the blank eb6b930a400b037_13 fill in the blank eb6b930a400b037_14 fill in the blank eb6b930a400b037_15 fill in the blank eb6b930a400b037_16 Total administrative expense $fill in the blank eb6b930a400b037_17 $fill in the blank eb6b930a400b037_18 $fill in the blank eb6b930a400b037_19 $fill in the blank eb6b930a400b
Green Earth Landscaping Company provides monthly and weekly landscaping and maintenance services to residential customers in the tri-city area. Green Earth has no variable administrative expense. Fixed administrative expenses for June, July, and August include: Salaries $9,500 Insurance 2,200 Depreciation 3,500 Accounting services 600 Required: Question Content Area 1. Construct an administrative expense budget for Green Earth Landscaping Company for the three summer months. Show total amounts by month and in total for the three-month period. Green Earth Landscaping CompanyAdministrative Expense BudgetFor the Summer Months June July August Total Salaries $fill in the blank eb6b930a400b037_1 $fill in the blank eb6b930a400b037_2 $fill in the blank eb6b930a400b037_3 $fill in the blank eb6b930a400b037_4 Insurance fill in the blank eb6b930a400b037_5 fill in the blank eb6b930a400b037_6 fill in the blank eb6b930a400b037_7 fill in the blank eb6b930a400b037_8 Depreciation fill in the blank eb6b930a400b037_9 fill in the blank eb6b930a400b037_10 fill in the blank eb6b930a400b037_11 fill in the blank eb6b930a400b037_12 Accounting services fill in the blank eb6b930a400b037_13 fill in the blank eb6b930a400b037_14 fill in the blank eb6b930a400b037_15 fill in the blank eb6b930a400b037_16 Total administrative expense $fill in the blank eb6b930a400b037_17 $fill in the blank eb6b930a400b037_18 $fill in the blank eb6b930a400b037_19 $fill in the blank eb6b930a400b
Green Earth Landscaping Company provides monthly and weekly landscaping and maintenance services to residential customers in the tri-city area. Green Earth has no variable administrative expense. Fixed administrative expenses for June, July, and August include:
Salaries
$9,500
Insurance
2,200
Depreciation
3,500
Accounting services
600
Required:
Question Content Area
1. Construct an administrative expense budget for Green Earth Landscaping Company for the three summer months. Show total amounts by month and in total for the three-month period.
Green Earth Landscaping CompanyAdministrative Expense BudgetFor the Summer Months
June
July
August
Total
Salaries
$fill in the blank eb6b930a400b037_1
$fill in the blank eb6b930a400b037_2
$fill in the blank eb6b930a400b037_3
$fill in the blank eb6b930a400b037_4
Insurance
fill in the blank eb6b930a400b037_5
fill in the blank eb6b930a400b037_6
fill in the blank eb6b930a400b037_7
fill in the blank eb6b930a400b037_8
Depreciation
fill in the blank eb6b930a400b037_9
fill in the blank eb6b930a400b037_10
fill in the blank eb6b930a400b037_11
fill in the blank eb6b930a400b037_12
Accounting services
fill in the blank eb6b930a400b037_13
fill in the blank eb6b930a400b037_14
fill in the blank eb6b930a400b037_15
fill in the blank eb6b930a400b037_16
Total administrative expense
$fill in the blank eb6b930a400b037_17
$fill in the blank eb6b930a400b037_18
$fill in the blank eb6b930a400b037_19
$fill in the blank eb6b930a400b037_20
Question Content Area
2. What if Green Earth Landscaping Company's insurance rates increased at the beginning of July to $2,800 per month? How would that affect monthly administrative expense?
Total monthly administrative cost would
by $fill in the blank 67ca27fc4009070_2.
Definition Video Definition Accounting method wherein the cost of a tangible asset is spread over the asset's useful life. Depreciation usually denotes how much of the asset's value has been used up and is usually considered an operating expense. Depreciation occurs through normal wear and tear, obsolescence, accidents, etc. Video
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