Selling and administrative expense budget
For the six month ended December 31,2020
1 | 2 | Six months | |
Sales revenue | 476100 | 522100 | |
Variable cost | |||
Sales commission | 23805 | 26105 | 49910 |
Delivery expense | 9522 | 10442 | 19964 |
Advertising expense | 14283 | 15663 | 29946 |
Total variable cost | 47610 | 52210 | 99820 |
Fixed cost | |||
Sales salaries | 10900 | 10900 | 21800 |
Office salaries | 6120 | 6120 | 12240 |
Depreciation | 4740 | 4740 | 9480 |
Insurance | 1640 | 1640 | 3280 |
Utilities | 880 | 880 | 1760 |
repairs expense | 680 | 680 | 1360 |
Total Fixed cost | 24960 | 24960 | 49920 |
Total Cost | 72570 | 77170 | 149740 |
Exercise 9-12 Kirkland Company combines its operating expenses for budget purposes in a selling and administrative expe...
Exercise 9-12 ht Kirkdand Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2020, the following data are available. Sales: 20,700 units quarter 1; 22,700 units quarter 2. Variable costs per dollar of sales: sales commissions 5 % , delivery expense 2 %, and advertising 3 % Fixed costs per quarter: sales salaries $10,900, office salaries $6,120, depreciation $4,740, insurance $1,640, utilities $880, and repairs expense $680 1....
Kirkland Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2020, the following data are available. 1. Sales: 20,700 units quarter 1; 22,500 units quarter 2. 2. Variable costs per dollar of sales: sales commissions 5%, delivery expense 2%, and advertising 3%. 3. Fixed costs per quarter: sales salaries $10,300, office salaries $6,310, depreciation $4,350, insurance $1,650, utilities $890, and repairs expense $710. 4. Unit selling price: $24....
Exercise 9-12 Kirkland Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2020, the following data are available 1. Sales: 20,600 units quarter 1; 22,100 units quarter 2. 2. Variable costs per dollar of sales: sales commissions 5%, delivery expense 2%, and advertising 3%. 3. Fixed costs per quarter sales salaries $10,000, office salaries 56,130, depreciation $4,760, insurance $2,010, utilities $820, and repairs expense $610. 4. Unit selling...
Kirkland Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2020, the following data are available. 1. Sales: 20,700 units quarter 1; 22,000 units quarter 2. 2. Variable costs per dollar of sales: sales commissions 5%, delivery expense 2%, and advertising 3%. 3. Fixed costs per quarter: sales salaries $11,000, office salaries $6,140, depreciation $4,430, insurance $2,060, utilities $910, and repairs expense $710. 4. Unit selling price: $22....
Kirkland Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2020, the following data are available. 1. Sales: 20,500 units quarter 1; 22,600 units quarter 2. 2. Variable costs per dollar of sales: sales commissions 5%, delivery expense 2%, and advertising 3%. 3. Fixed costs per quarter: sales salaries $10,100, office salaries $6,230, depreciation $4,730, insurance $1,680, utilities $840, and repairs expense $690. 4. Unit selling price: $25....
Exercise 9-12 Kirkland Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2020, the following data are available. 1. Sales: 20,600 units quarter 1; 22,100 units quarter 2. 2. Variable costs per dollar of sales: sales commissions 5%, delivery expense 2%, and advertising 3%. 3. Fixed costs per quarter: sales salaries $10,000, office salaries $6,130, depreciation $4,760, insurance $2,010, utilities $820, and repairs expense $610. 4. Unit selling...
Exercise 9-12 Kirkland Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2020, the following data are available. 1. Sales: 20,200 units quarter 1; 22,200 units quarter 2. 2. Variable costs per dollar of sales: sales commissions 5%, delivery expense 2%, and advertising 3%. 3. Fixed costs per quarter: sales salaries $10,600, office salaries $6,370, depreciation $4,580, insurance $1,630, utilities $840, and repairs expense $650. 4. Unit selling...
Johnson Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2020, the following data are available. 1. Sales: 20,800 units quarter 1; 22,100 units quarter 2. 2. Variable costs per dollar of sales: sales commissions 5%, delivery expense 2%, and advertising 3%. 3. Fixed costs per quarter: sales salaries $10,900, office salaries $6,480, depreciation $4,400, insurance $1,910, utilities $830, and repairs expense $640 4. Unit selling price: $21...
CALCULATOR PRINTER VERSION BACK NEXT Kirkland Company combines its operating expenses for budget purposes are available and administrative expense budget. For the first 6 months of 2020, the following data 1. 2. 3. 4. Sales: 20,800 units quarter 1: 22,000 units quarter 2. Variable costs per dollar of sales: sales commissions 5%, delivery expense 2%, and advertising 3% Fixed costs per quarter: sales salaries $10,500, office salaries $6,270, depreciation $4,770, insurance $1,720, utilities $820, and repairs expense $670. Unit selling...
gewys. WileyPLUS: MYWEYPLUS | Help Contact Us | Lo Weygandt, Managerial Accounting, Se Assignment Gradebook ORION Downloadable eTextbook MANAGERIAL ACCOUNTING (ACCT 2 FULL SCREEN PRINTER VERSION BACK NEX Exercise 9-12 Kirkland Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2020, the following data are available. 1. Sales: 20,700 units quarter 1; 22,700 units quarter 2. 2. Variable costs per dollar of sales: sales commissions 5%, delivery expense...