Jezaret , INC. Selling and Administrative Expense Budget Nine Months Ended September 30, 2016 |
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Quarter Ended |
total |
|||
Mar. 31 |
Jun. 30 |
Sep. 30 |
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Variable expenses: |
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Commissions Expense (5% of sales) |
$7250 |
$9750 |
$8500 |
$25500 |
Miscellaneous Expenses (3% of sales) |
4350 |
5850 |
5100 |
15300 |
11600 |
15600 |
13600 |
40800 |
|
Total Variable Expenses |
||||
Fixed Expenses: |
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Rent Expense |
3100 |
3100 |
3100 |
9300 |
Salaries Expense |
4000 |
4000 |
4000 |
12000 |
Depreciation Expense |
1500 |
1500 |
1500 |
4500 |
Total Fixed Expenses |
8600 |
8600 |
8600 |
25800 |
Total Selling & Administrative Expenses |
$20200 |
$24200 |
$22200 |
$66600 |
145000*5% = 7250
195000*5% = 9750
170000*5% = 8500
145000*3% =4350
195000*3% =5850
170000*3% =5100
My Courses Homework: Topic 3 Homework (Chapter 22) Course Home Assignments Study Plan Score: 0 of...
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