The selling and administrative expense budget of Colorado Mining Corporation is

Question

The selling and administrative expense budget of Colorado Mining Corporation is based on budgeted unit sales, which are 4,800 units for February. The variable selling and administrative expense is $5.00 per unit The budgeted fixed selling and administrative expense is $94,630 per month, which ncludes depreciation o S 16,800 per month. The remainder of the fixed se n and administrative expense represents umen cash flows The cash disbursements for selling and administrative expenses on the February selling and administrative expense budget should be $24,000 $77.830 $118,630 $101,830

Explanation / Answer

Total variable costs would be=(4800*5)=$24000

Total fixed costs exluding depreciation=(94630-16800)=$77830

Total cash disbursements=(24000+77830)

which is equal to

=$101830

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