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Sunland Company makes and sells widgets. The company is in the process of preparing its selling and administrative expense budget for the month. The following budget data are available: Item Sales commissions Shipping Advertising Executive salaries Depreciation on office equipment Other Variable Cost Per Unit Sold $1 $3 $4 $2 Monthly Fixed Cost $10000 $120000 $4000 $6000

Sunland Company makes and sells widgets. The company is in the process of preparing its selling and administrative expense budget for the month. The following budget data are available: Item Sales commissions Shipping Advertising Executive salaries Depreciation on office equipment Other Variable Cost Per Unit Sold $1 $3 $4 $2 Monthly Fixed Cost $10000 $120000 $4000 $6000

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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Sunland Company makes and sells widgets. The company is in the process of preparing its selling and administrative expense budget for the month. The following budget data are available: Item Sales commissions Shipping Advertising Executive salaries Depreciation on office equipment Other Variable Cost Per Unit Sold $1 $3 $4 $970000 O $840000 $140000 $980000 $2 Monthly Fixed Cost $10000 $120000 $4000 $6000 Expenses are paid in the month incurred. If the company has budgeted to sell 64000 widgets in October, how much is the total budgeted selling and administrative expenses for October?
Transcribed Image Text:Sunland Company makes and sells widgets. The company is in the process of preparing its selling and administrative expense budget for the month. The following budget data are available: Item Sales commissions Shipping Advertising Executive salaries Depreciation on office equipment Other Variable Cost Per Unit Sold $1 $3 $4 $970000 O $840000 $140000 $980000 $2 Monthly Fixed Cost $10000 $120000 $4000 $6000 Expenses are paid in the month incurred. If the company has budgeted to sell 64000 widgets in October, how much is the total budgeted selling and administrative expenses for October?
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