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Internet Explorer CengageNOW2|Online teaching and leaming resource from Cengage Learring apter 6 Homework eBook Show Me How Calculator Flexible Budget for Selling and Administrative Expenses nt Blare unes flexible budets that are based on the following data: 9%ofsales 20% of sales $1,900 plus 2% of sales $13,000 per month 3%ofsales $1,250 per month plus 1% of sales Sales commissions Advertising experse Miscelaneous selling experse Office salaries experse Office supplies expense volumes of $85,000, $105,000, and $1.30,000. (se Exhib Prepare a flexible selling and administrative expenses badget for January 2016, for sales s as a model.) Enter all smounts as positive numbers s Agent Biaze Fexitble Seilling and Administrative Expenses udget For the Month Ending Jauary 33, 2016 85,00o $105,000 $1 30,000

Explanation / Answer

Statement showing computations Sales Volume Particulars            85,000.00         105,000.00         130,000.00 Variable Costs Sales Commission @9%              7,650.00              9,450.00            11,700.00 Advertising Expense @20%            17,000.00            21,000.00            26,000.00 Miscellaneous Selling expense = 1900 + 2% of sales              1,700.00              2,100.00              2,600.00 Office Supplies expense @3%              2,550.00              3,150.00              3,900.00 Miscellaneous Admin Exp = 1350 + 1% of sales                  850.00              1,050.00              1,300.00 Total Variable Costs            29,750.00            36,750.00            45,500.00 Fixed Costs Miscellaneous Selling expense = 1900 + 2% of sales              1,900.00              1,900.00              1,900.00 Office Salaries expense            13,000.00            13,000.00            13,000.00 Miscellaneous Admin Exp = 1350 + 1% of sales              1,350.00              1,350.00              1,350.00 Total Fixed Costs            16,250.00            16,250.00            16,250.00 Total Selling and admin Expenses            46,000.00            53,000.00            61,750.00

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