The Puyer Corporation makes and sells only one product called a Deb. The company is in the process of preparing its Selling and Administrative Expense Budget for next year. The following budget data are available: Sales commissions Shipping Advertising Executive salaries Depreciation on office equipment Other Monthly Fixed Cost Variable Cost Per Deb Sold $ 0.97 $ 1.47 $ 0.27 $ 50,700 $ 60,700 $ 20,700 $ 40,700 All of these expenses (except depreciation) are paid in cash in the month they are incurred. If the company has budgeted to sell 15,700 Debs in February, then the total budgeted fixed selling and administrative expenses for February is:

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The Puyer Corporation makes and sells only one product called a Deb. The company is in the process of preparing its Selling and Administrative
Expense Budget for next year. The following budget data are available:
Sales commissions
Shipping
Advertising
Executive salaries
Depreciation on office equipment
Other
Monthly
Fixed Cost
$50,700
$ 60,700
$ 20,700
$ 40,700
Variable Cost
Per Deb Sold
$ 0.97
$ 1.47
$ 0.27
All of these expenses (except depreciation) are paid in cash in the month they are incurred.
If the company has budgeted to sell 15,700 Debs in February, then the total budgeted fixed selling and administrative expenses for February is:
Transcribed Image Text:The Puyer Corporation makes and sells only one product called a Deb. The company is in the process of preparing its Selling and Administrative Expense Budget for next year. The following budget data are available: Sales commissions Shipping Advertising Executive salaries Depreciation on office equipment Other Monthly Fixed Cost $50,700 $ 60,700 $ 20,700 $ 40,700 Variable Cost Per Deb Sold $ 0.97 $ 1.47 $ 0.27 All of these expenses (except depreciation) are paid in cash in the month they are incurred. If the company has budgeted to sell 15,700 Debs in February, then the total budgeted fixed selling and administrative expenses for February is:
$152,100
$172,800
$132,100
$122,100
Transcribed Image Text:$152,100 $172,800 $132,100 $122,100
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