Selling and administrative expense budget
For the six month ended June 30,2020
Quarter 1 | Quarter 2 | Six months | |
Budgeted unit sales | 20800 | 22000 | |
Variable expense | |||
Sales commission | 21840 | 23100 | 44940 |
Delivery expense | 8736 | 9240 | 17976 |
Advertising | 13104 | 13860 | 26964 |
Total Variable expense | 43680 | 46200 | 89880 |
Fixed expense | |||
Sales salaries | 10500 | 10500 | 21000 |
Office salaries | 6270 | 6270 | 12540 |
Depreciation | 4770 | 4770 | 9540 |
Insurance | 1720 | 1720 | 3440 |
Utilities | 820 | 820 | 1640 |
Repairs expense | 670 | 670 | 1340 |
Total Fixed expense | 24750 | 24750 | 49500 |
Total Selling and administrative expense | 68430 | 70950 | 139380 |
CALCULATOR PRINTER VERSION BACK NEXT Kirkland Company combines its operating expenses for budget purposes are available...
Kirkland Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2020, the following data are available. 1. Sales: 20,700 units quarter 1; 22,500 units quarter 2. 2. Variable costs per dollar of sales: sales commissions 5%, delivery expense 2%, and advertising 3%. 3. Fixed costs per quarter: sales salaries $10,300, office salaries $6,310, depreciation $4,350, insurance $1,650, utilities $890, and repairs expense $710. 4. Unit selling price: $24....
Exercise 9-12 Kirkland Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2020, the following data are available. 1. Sales: 20,600 units quarter 1; 22,100 units quarter 2. 2. Variable costs per dollar of sales: sales commissions 5%, delivery expense 2%, and advertising 3%. 3. Fixed costs per quarter: sales salaries $10,000, office salaries $6,130, depreciation $4,760, insurance $2,010, utilities $820, and repairs expense $610. 4. Unit selling...
Kirkland Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2020, the following data are available. 1. Sales: 20,500 units quarter 1; 22,600 units quarter 2. 2. Variable costs per dollar of sales: sales commissions 5%, delivery expense 2%, and advertising 3%. 3. Fixed costs per quarter: sales salaries $10,100, office salaries $6,230, depreciation $4,730, insurance $1,680, utilities $840, and repairs expense $690. 4. Unit selling price: $25....
Exercise 9-12 Kirkland Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2020, the following data are available. 1. Sales: 20,200 units quarter 1; 22,200 units quarter 2. 2. Variable costs per dollar of sales: sales commissions 5%, delivery expense 2%, and advertising 3%. 3. Fixed costs per quarter: sales salaries $10,600, office salaries $6,370, depreciation $4,580, insurance $1,630, utilities $840, and repairs expense $650. 4. Unit selling...
Kirkland Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2020, the following data are available. 1. Sales: 20,700 units quarter 1; 22,000 units quarter 2. 2. Variable costs per dollar of sales: sales commissions 5%, delivery expense 2%, and advertising 3%. 3. Fixed costs per quarter: sales salaries $11,000, office salaries $6,140, depreciation $4,430, insurance $2,060, utilities $910, and repairs expense $710. 4. Unit selling price: $22....
Exercise 9-12 Kirkland Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2020, the following data are available. 1. Sales: 20,700 units quarter 1; 22,700 units quarter 2. 2. Variable costs per dollar of sales: sales commissions 5%, delivery expense 2%, and advertising 3%. 3. Fixed costs per quarter: sales salaries $10,900, office salaries $6,120, depreciation $4,740, insurance $1,640, utilities $880, and repairs expense $680. 4. Unit selling...
Exercise 9-12 Kirkland Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2020, the following data are available 1. Sales: 20,600 units quarter 1; 22,100 units quarter 2. 2. Variable costs per dollar of sales: sales commissions 5%, delivery expense 2%, and advertising 3%. 3. Fixed costs per quarter sales salaries $10,000, office salaries 56,130, depreciation $4,760, insurance $2,010, utilities $820, and repairs expense $610. 4. Unit selling...
Johnson Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2020, the following data are available. 1. Sales: 20,800 units quarter 1; 22,100 units quarter 2. 2. Variable costs per dollar of sales: sales commissions 5%, delivery expense 2%, and advertising 3%. 3. Fixed costs per quarter: sales salaries $10,900, office salaries $6,480, depreciation $4,400, insurance $1,910, utilities $830, and repairs expense $640 4. Unit selling price: $21...
Ki HelR I System Announcements 6e BACK NEXT Exercise 21-12 Kirkland Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2017, the following data are available. 1. 2. 3. 4. Sales: 20,400 units quarter 1; 22,800 units quarter 2. Variable costs per dollar of sales: sales commissions 596, delivery expense 2%, and advertising 396. Fixed costs per quarter: sales salaries $10,400, office salaries $6,290, depreciation $4,780, insurance $1,790,...
Exercise 9-12 ht Kirkdand Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2020, the following data are available. Sales: 20,700 units quarter 1; 22,700 units quarter 2. Variable costs per dollar of sales: sales commissions 5 % , delivery expense 2 %, and advertising 3 % Fixed costs per quarter: sales salaries $10,900, office salaries $6,120, depreciation $4,740, insurance $1,640, utilities $880, and repairs expense $680 1....