The Year 1 selling expense budget for Apple Corporation is as follows. Miscellaneous expenses are mixed costs that include fixed costs of $2,000. The rest of miscellaneous expenses vary proportionately with budgeted sales in dollars. The budgeted sales for Year 2 are $330,000. What will be the value of miscellaneous expenses in the Year 2 selling expense budget? Budgeted sales $275,000 Selling costs: Delivery expenses Commission expenses Advertising expenses Office expenses Miscellaneous expenses Total $5,960 $4,200 $3,600 $6,200 $2,750 5,500 2,500 1,500 5.300 $ 17,550

The Year 1 selling expense budget for Apple Corporation is as follows. Miscellaneous expenses are mixed costs that include fixed costs of $2,000. The rest of miscellaneous expenses vary proportionately with budgeted sales in dollars. The budgeted sales for Year 2 are $330,000. What will be the value of miscellaneous expenses in the Year 2 selling expense budget? Budgeted sales $275,000 Selling costs: Delivery expenses Commission expenses Advertising expenses Office expenses Miscellaneous expenses Total $5,960 $4,200 $3,600 $6,200 $2,750 5,500 2,500 1,500 5.300 $ 17,550

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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