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Sales and Production Budgets Harmony Audio Company manufactures two models of speakers, DL and XL. Based on the following production and sales data for September 2016, prepar budget and (b) a production budget. a. Prepare a sales budget. Harmony Audio Company Sales Budget For the Month Ending September 30, 2016Prepare a flexible selling and administrative expenses budget for January 2016, for sales volumes of $115,000, $145,000, and $175,000. (Use Exhibit 5 as a model.) Enter all amounts as positive numbers. Agent Blaze Flexible Selling and Administrative Expenses Budget For the Month Ending January 31, 2016 Prepare a flexible selling and administrative expenses budget for January 2016, for sales volumes of $115,000, $145,000, and $175,000. (Use Exhibit 5 as a model.) Enter all amounts as positive numbers. Agent Blaze Flexible Selling and Administrative Expenses Budget For the Month Ending January 31, 2016 Total sales Variable cost: Sales commissions Advertising expense $115,000 $145,000 $175,000 $ tA 6,900 A 27,600 8,700 34,800 EA 10,500 42,000 7,600 X 9,400 X 11,200 X 5,750 5,550 X 7,250 8,750 6,950 X 8,350 X A 53,400 X $ 66,100 X $ ta Miscellaneous selling expense Office supplies expense Miscellaneous administrative expense Total variable cost Fixed cost: Miscellaneous selling expense Office salaries expense Miscellaneous administrative expense Total fixed cost Total selling and administrative expenses LA EA tA tA A

Sales and Production Budgets Harmony Audio Company manufactures two models of speakers, DL and XL. Based on the following production and sales data for September 2016, prepar budget and (b) a production budget. a. Prepare a sales budget. Harmony Audio Company Sales Budget For the Month Ending September 30, 2016Prepare a flexible selling and administrative expenses budget for January 2016, for sales volumes of $115,000, $145,000, and $175,000. (Use Exhibit 5 as a model.) Enter all amounts as positive numbers. Agent Blaze Flexible Selling and Administrative Expenses Budget For the Month Ending January 31, 2016 Prepare a flexible selling and administrative expenses budget for January 2016, for sales volumes of $115,000, $145,000, and $175,000. (Use Exhibit 5 as a model.) Enter all amounts as positive numbers. Agent Blaze Flexible Selling and Administrative Expenses Budget For the Month Ending January 31, 2016 Total sales Variable cost: Sales commissions Advertising expense $115,000 $145,000 $175,000 $ tA 6,900 A 27,600 8,700 34,800 EA 10,500 42,000 7,600 X 9,400 X 11,200 X 5,750 5,550 X 7,250 8,750 6,950 X 8,350 X A 53,400 X $ 66,100 X $ ta Miscellaneous selling expense Office supplies expense Miscellaneous administrative expense Total variable cost Fixed cost: Miscellaneous selling expense Office salaries expense Miscellaneous administrative expense Total fixed cost Total selling and administrative expenses LA EA tA tA A

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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Sales and Production Budgets Harmony Audio Company manufactures two models of speakers, DL and XL. Based on the following production and sales data for September 2016, prepar budget and (b) a production budget. a. Prepare a sales budget. Harmony Audio Company Sales Budget For the Month Ending September 30, 2016Prepare a flexible selling and administrative expenses budget for January 2016, for sales volumes of $115,000, $145,000, and $175,000. (Use Exhibit 5 as a model.) Enter all amounts as positive numbers. Agent Blaze Flexible Selling and Administrative Expenses Budget For the Month Ending January 31, 2016
Transcribed Image Text:Sales and Production Budgets Harmony Audio Company manufactures two models of speakers, DL and XL. Based on the following production and sales data for September 2016, prepar budget and (b) a production budget. a. Prepare a sales budget. Harmony Audio Company Sales Budget For the Month Ending September 30, 2016Prepare a flexible selling and administrative expenses budget for January 2016, for sales volumes of $115,000, $145,000, and $175,000. (Use Exhibit 5 as a model.) Enter all amounts as positive numbers. Agent Blaze Flexible Selling and Administrative Expenses Budget For the Month Ending January 31, 2016
Prepare a flexible selling and administrative expenses budget for January 2016, for sales volumes of $115,000, $145,000, and $175,000. (Use Exhibit 5 as a model.) Enter all amounts as positive numbers. Agent Blaze Flexible Selling and Administrative Expenses Budget For the Month Ending January 31, 2016 Total sales Variable cost: Sales commissions Advertising expense $115,000 $145,000 $175,000 $ tA 6,900 A 27,600 8,700 34,800 EA 10,500 42,000 7,600 X 9,400 X 11,200 X 5,750 5,550 X 7,250 8,750 6,950 X 8,350 X A 53,400 X $ 66,100 X $ ta Miscellaneous selling expense Office supplies expense Miscellaneous administrative expense Total variable cost Fixed cost: Miscellaneous selling expense Office salaries expense Miscellaneous administrative expense Total fixed cost Total selling and administrative expenses LA EA tA tA A
Transcribed Image Text:Prepare a flexible selling and administrative expenses budget for January 2016, for sales volumes of $115,000, $145,000, and $175,000. (Use Exhibit 5 as a model.) Enter all amounts as positive numbers. Agent Blaze Flexible Selling and Administrative Expenses Budget For the Month Ending January 31, 2016 Total sales Variable cost: Sales commissions Advertising expense $115,000 $145,000 $175,000 $ tA 6,900 A 27,600 8,700 34,800 EA 10,500 42,000 7,600 X 9,400 X 11,200 X 5,750 5,550 X 7,250 8,750 6,950 X 8,350 X A 53,400 X $ 66,100 X $ ta Miscellaneous selling expense Office supplies expense Miscellaneous administrative expense Total variable cost Fixed cost: Miscellaneous selling expense Office salaries expense Miscellaneous administrative expense Total fixed cost Total selling and administrative expenses LA EA tA tA A
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