Digital Solutions Inc. uses flexible budgets that are based on the following data:
Sales commissions | 14% of sales |
Advertising expense | 18% of sales |
Miscellaneous administrative expense | $7,000 per month plus 12% of sales |
Office salaries expense | $30,000 per month |
Customer support expenses | $14,000 per month plus 20% of sales |
Research and development expense | $31,000 per month |
Prepare a flexible selling and administrative expenses budget for October for sales volumes of $400,000, $500,000, and $600,000. (Use Exhibit 5 as a model.)
Digital Solutions Inc. | |||
Flexible Selling and Administrative Expenses Budget | |||
For the Month Ending October 31 | |||
Total sales | $400,000 | $500,000 | $600,000 |
Variable cost: | |||
$ | $ | $ | |
Total variable cost | $ | $ | $ |
Fixed cost: | |||
$ | $ | $ | |
Total fixed cost | $ | $ | $ |
Total selling and administrative expenses | $ | $ | $ |
Digital Solutions Inc. uses flexible budgets that are based on the following data: Sales commissions 14%...
Flexible Budget for Selling and Administrative Expenses for a Service Company Digital Solutions Inc. uses flexible budgets that are based on the following data: Sales commissions 8% of sales Advertising expense 15% of sales Miscellaneous administrative expense $10,000 per month plus 4% of sales $50,000 per month Office salaries expense Customer support expenses $20,000 per month plus 30% of sales $75,000 per month Research and development expense Prepare a flexible selling and administrative expenses budget for October for sales volumes...
Flexible budget for selling and administrative expenses for a service company Digital Solutions Inc. uses flexible budgets that are based on the following data: Sales commissions Advertising expense Miscellaneous administrative expense 7% of sales 15% of sales $11,000 per month plus 6% of sales $46,000 per month Office salaries expense Customer support expenses $22,000 per month plus 31% of sales Research and development expense $79,000 per month This information has been collected in the Microsoft Excel Online file. Open the...
Morningside Technologies Inc. uses flexible budgets that are
based on the following data:
Sales commissions
10% of sales
Advertising expense
15% of sales
Miscellaneous administrative expense
$1,700 per month plus 1% of sales
Office salaries expense
$16,000 per month
Customer support expenses
$2,350 plus 2% of sales
Research and development expense
3,150 per month
Prepare a flexible selling and administrative expenses budget
for April for sales volumes of $105,000, $130,000, and $160,000.
Enter all amounts as positive numbers.
Morningside Technologies...
Flexible Budget for Selling and Administrative Expenses for a Service Company Cloud Productivity Inc. uses flexible budgets that are based on the following data: Sales commissions 15% of sales Advertising expense 18% of sales Miscellaneous administrative expense $9,000 per month plus 12% of sales Office salaries expense $29,000 per month Customer support expenses $14,000 per month plus 20% of sales Research and development expense $31,000 per month 5 as a model.) Prepare a flexible selling and administrative expenses budget for...
Flexible budget for selling and administrative expenses for a service company Digital Solutions Inc. uses flexible An accounting device used to plan and control resources of operational departments and divisions.budgets that are based on the following data: Sales commissions 9% of sales Advertising expense 16% of sales Miscellaneous administrative expense $11,500 per month plus 3% of sales Office salaries expense $48,000 per month Customer support expenses $16,000 per month plus 33% of sales Research and development expense $79,000 per month...
Agent Blaze uses flexible budgets that are based on the following data: Sales commissions Advertising expense 7% of sales 18% of sales $2,250 plus 4% of sales $15,000 per month Miscellaneous selling expense Office salaries expense Office supplies expense 5% of sales Miscellaneous administrative expense $1,600 per month plus 3% of sales Prepare a flexible selling and administrative expenses budget for January 2016, for sales volumes of $100,000, $125,000, and $150,000. (Use Exhibit 5 as a model.) Enter all amounts...
Flexible Budget for Selling and Administrative Expenses for a Service Company Cloud Productivity Inc. uses flexible budgets that are based on the following data: Sales commissions 14% of sales Advertising expense 20% of sales Miscellaneous administrative expense $6,500 per month plus 12% of sales Office salaries expense $29,000 per month Customer support expenses $13,000 per month plus 20% of sales Research and development expense $32,000 per month Prepare a flexible selling and administrative expenses budget for March for sales volumes...
Flexible Budget for Selling and Administrative Expenses for a Service Company Cloud Productivity Inc. uses flexible budgets that are based on the following data: Sales commissions 15% of sales Advertising expense 20% of sales Miscellaneous administrative expense $5,000 per month plus 12% of sales Office salaries expense $30,000 per month Customer support expenses $13,000 per month plus 20% of sales Research and development expense $30,000 per month Prepare a flexible selling and administrative expenses budget for March for sales volumes...
How do I get these numbers?
Flexible budget for selling and administrative expenses for a service company Digital Solutions Inc. uses flexible budgets that are based on the following data: Sales commissions 6% of sales Advertising expense 15% of sales Miscellaneous administrative expense Office salaries expense $12,000 per month plus 5% of sales $52,000 per month $20,000 per month plus 32% of sales $77,000 per month Customer support expenses Research and development expense This information has been collected in the...
Flexible Budget for Selling and Administrative Expenses for a Service Company 2. Cloud Productivity Inc. uses flexible budgets that are based on the following data: 15% of sales Sales commissions 3. Advertising expense 18% of sales 4 Miscellaneous administrative expense $8,500 per month plus 12 % of sales Office salaries expense $29,000 per month 5. $14,000 per month plus 20 % of sales Customer support expenses 6. Research and development expense $32,000 per month 7 Prepare a flexible selling and...