Question

Tire 310 PM Reg 1 PRIN. OF ACET III (ACCT 2101 2107) Multiple Choice Question 82 Sheffield Corp. makes and sells umbrellas. The company is in the process of preparing its selling and Administrative Expense Budget for the last data are available: NEXT of the year. The Variable Cost Per Unit Sold Monthly Feed Cost Sales commissions $0.60 $ 4500 Shipping Advertising Executive salaries 41000 Depreciation on office equipment 8200 Other 0.35 29000 1.20 0.30 Expenses are paid in the month incurred. If the company has budgeted to sell 7500 umbrellas in October, how much is the total budgeted for October? and strative pers $15750 $18375 $101075 $21125

Answer 1

Statement showing Computations
Particulars	7,500 Umbrellas
Variable selling and admin expenses:
Sales commissions =7500*.60	4,500.00
Shipping =7500*1.20	9,000.00
Advertising =7500*.30	2,250.00
Other =7500*.35	2,625.00
Total Variable selling and admin expenses	18,375.00