Question

Weller Company's budgeted unit sales for the upcoming fiscal year are provided below:

The company’s variable selling and administrative expense per unit is $1.80. Fixed selling and administrative expenses include advertising expenses of $12,000 per quarter, executive salaries of $38,000 per quarter, and depreciation of $18,000 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 $6,200 will be paid in the second quarter.

Weller Company's budgeted unit sales for the upcoming fiscal year are provided below: 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Budgeted unit sales 19,000 24,000 18,000 17,000 The company's variable selling and administrative expense per unit is $1.80. Fixed selling and administrative expenses include advertising expenses of $12,000 per quarter, executive salaries of $38,000 per quarter, and depreciation of $18,000 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 $6,200 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 QuarterYear Variable selling and administrative expense per unit Variable selling and administrative expense Fixed selling and administrative expenses: al fixed selling and administrative expenses Total selling and administrative expenses Cash disbursements for selling and administrative expenses

Answer 1

			Weller Company
		Selling and Administrative Expense Budget
					1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	year
Budgeted unit sales					19,000	24,000	18,000	17,000	78,000
Variable selling & adm expense per unit					1.8	1.8	1.8	1.8	1.8
Variable expense					34200	43200	32400	30600	140400
fixed selling & adm expenses:
Advertising					12,000	12,000	12,000	12,000	48,000
Executive salaries					38,000	38,000	38,000	38,000	152,000
Insurance					5,000		5,000		10,000
Property taxes						6,200			6200
Depreciation					18,000	18,000	18,000	18,000	18,000
total fixed expenses					73,000	74,200	73,000	68,000	234,200
Total selling & administrative expenses					107,200	117,400	105,400	98,600	374,600
Less Depreciation					18,000	18,000	18,000	18,000	72,000
cash disbursement for selling & adm expense					89,200	99,400	87,400	80,600	302,600