Question

com University at Albany MyLAlbany Portal The budgeted unit sales of Weller Company for the upooming fiscal year are provided below Budgeted unit sales 17,000 20,000 16,000 15,000 The company's variable selling and administrative expense per unit is $1.60. Fxed selling and administrative expenses include advertising expenses of $10,000 per quarter, executive salaries of $35,000 per quarter, and depreciation of $16,000 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 $7,000 wil be paid in the second quarter Precare the company's seiling and acministrative expense budget tor the upcoming fiscal year (Round Varlable cost" answers to 2 decimal places. Total fxed selling and adminsrative espenses References Book& Resources MacBook Pro 20 5 6 9

Answer 1

Weller Compan Selling and Administrative Expense Budget 1st Quarter 2nd urter 3rd Quarter 4th Quarter Total Budgeted unit sales Variable selling and administrative expense per unit Variable selling and administrative expense Fixed selling and administrative expense Advertising Executive salaries Insurance Property taxes Depreciation Total fixed selling and a dministrative expense Total selling and administrative expense Less: Depreciation Cash disbursements for selling and administrative 17000 1.60 27200 20000 1.60 32000 16000 1.60 25600 15000 1.60 24000 68000 1.60 108800 10000 35000 5000 10000 35000 40000 140000 10000 7000 64000 261000 369800 64000 305800 10000 10000 35000 5000 35000 16000 66000 93200 16000 77200 7000 16000 68000 100000 16000 84000 16000 66000 91600 16000 75600 16000 61000 85000 16000 69000 ses