Question

1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 19,000 24,000 18,000 17,000 Budgeted unit sales The company's variable selling and administrative expense per unit is $1.80. Fixed selling and administrative expenses include advertising expenses of $12,000 per quarter, executive salaries of $38,000 per quarter, and depreciation of $18,000 per quarter. In addition, the company will make insurance payments of $5,000 in the first quarter and $5,000 in the third quarter. Finally, property taxes of $6,200 will be paid in the second 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 Administrative Expense Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Year Variable selling and administrative expense per unit Variable selling and administrative expense Fixed selling and administrative expenses: Total fixed selling and administrative expenses Total selling and administrative expenses Cash disbursements for selling and administrative expenses

Answer 1

	1st Quarter	2nd Quarter	3rd Quarter	4th Quarter	Year
Budgeted unit sales	19000	24000	18000	17000	78000
Variable selling and administrative Expense per unit	1.80	1.80	1.80	1.80	1.80
Variable selling and administrative Expense	34200	43200	32400	30600	140400
Fixed selling and administrative Expenses:
Advertising	12000	12000	12000	12000	48000
Executive Salaries	38000	38000	38000	38000	152000
Insurance	5000		5000		10000
Property taxes		6200			6200
Depreciation	18000	18000	18000	18000	72000
Total Fixed selling and administrative Expense	73000	74200	73000	68000	288200
Total selling and administrative expenses	107200	117400	105400	98600	428600
Less depreciation	18000	18000	18000	18000	72000
Cash disbursements for selling and administrative expenses	89200	99400	87400	80600	356600