Homework Answers
| a. | Total Budgeted Marketing Expense | $ 59,706 |
| b. | Estimated Cash Payments |
$ 43,956 |
Sales volume in the fourth quarter = 4,800 x 1.10 = 5,280 units
Variable marketing expense = 5,280 x $ 0.20 = $ 1,056
Total budgeted marketing expense for the fourth quarter = $ 1,056 + $ 36,000 + $ 15,750 + $ 6,900 = $ 59,706
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