Cyberware uses flexible budgets that are based on the following data: Sales commissions ............12% of sales Advertising
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Sales commissions ............12% of sales
Advertising expense .............22% of sales
Miscellaneous selling expense .........$4,200 per month plus 15% of sales
Office salaries expense ...........$16,000 per month
Office supplies expense ..........4% of sales
Miscellaneous administrative expense ....$2,500 per month plus 2% of sales
Prepare a flexible selling and administrative expenses budget for March 2014 for sales volumes of $ 80,000, $ 100,000, and $ 120,000.
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Related Book For
Financial and Managerial Accounting
ISBN: 978-1285078571
12th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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