2 Weller Company\'s budgeted unit sales for the upcoming fiscal year are provide

Question

2 Weller Company's budgeted unit sales for the upcoming fiscal year are provided below: 2nd Quarter 3rd Quart 16,000 The company's variable selling and administrative expense per unit is S advertising expenses of $8,000 per sala addition, the company will make insurance payments of taxes of $8,000 will be paid in the second quarter quarter, executive salaries of $35,000 per quarter, and depreciation of $20,000 2.50 Fixed selling and adm $5,000 in the first quarter and $5,000 in the third quarter Required: Prepare the company's selling and administrative expense budget for the upcoming fiscal year. (Round "Per Unit" answers to 2 decimal places.) Weller Company Selling and Administr 1st Quarter 2nd Quarter 3rd Quarter 4th trative expense per unit

Explanation / Answer

Answer:-

Weller Company Selling & Administrative Expense Budget Particluars 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Budgeted unit sales (a) 15000 16000 14000 13000 Variable selling and administrative expense per unit (b) $2.50 $2.50 $2.50 $2.50 Total Variable selling and administrative expense per (c=a*b) 37500 40000 35000 32500 Fixed selling and administrative expense Advertising expense $ 8000 8000 8000 8000 Executive Salarie $ 35000 35000 35000 35000 Depreciation $ 20000 20000 20000 20000 Insurance payments $ 5000 5000 Property taxes $ 8000 Total Fixed selling and administrative expense (d) $ 68000 71000 68000 63000 Total selling and administrative expense (e=c+d) $ 105500 111000 103000 95500 Less:- Depreciation Expense $ 20000 20000 20000 20000 Cash disbursements for selling and administrative expense $ 85500 91000 83000 75500

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