Question

Weller Company's budgeted unit sales for the upcoming fiscal year are provided below! Budgeted unit sales 1st Quarter 28,000 2nd Quarter 29,000 3rd Quarter4th Quarter 21,000 26,000 The company's variable selling and administrative expense per unit is $270. Fixed selling and administrative expenses include advertising expenses of $13,000 per quarter, executive salaries of $47.000 per quarter, and depreciation of $27.000 per quarter. In addition, the company will make insurance payments of $4,000 in the first quarter and $4,000 in the third quarter. Finally, property taxes of $6,800 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 Fored selling and administrative expenses Total faced selling and administrative expenses Total selling and administrative expenses Cash disbursements for selling and administrative expenses

Answer 1

Answer-

Weller Company
Selling & Administrative Expense Budget
Particulars	1st Quarter	2nd Quarter	3rd Quarter	4th Quarter	Year
Budgeted unit sales (a)	28000	29000	21000	26000	104000
Variable selling and administrative expense per unit (b)	$2.70	$2.70	$2.70	$2.70	$2.70
Total Variable selling and administrative expense per (c=a*b)	75600	78300	56700	70200	280800
Fixed selling and administrative expense
Advertising expense $	13000	13000	13000	13000	52000
Executive Salaries $	47000	47000	47000	47000	188000
Depreciation $	27000	27000	27000	27000	108000
Insurance payments $	4000		4000		8000
Property taxes $		6800			6800
Total Fixed selling and administrative expense (d) $	91000	93800	91000	87000	362800
Total selling and administrative expense (e=c+d) $	166600	172100	147700	157200	643600
Less:- Depreciation Expense $	27000	27000	27000	27000	108000
Cash disbursements for selling and administrative expense $	139600	145100	120700	130200	535600