Wala Inc. bases its selling and administrative expense budget on the number of units sold. The...

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Wala Inc. bases its selling and administrative expense budget on the number of units sold. The variable selling and administr

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Answer 1

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Statement showing selling and administrative budget for the month of July

Particular	Calculations	Total
Variable selling and administrative expense	2600*4.2	10920
Fixed selling and administrative expense	given in question	30310
Total budgeted selling and administrative expense	10920+30310	41230
Less: Non cash selling and administrative expense (Depreciation)		3580
Cash disbursement for selling and administrative budget	41230 - 3580	37650

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Answer 2

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