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Morningside Technologies Inc. uses flexible budgets that are based on the following data: Sales commissions 8% of sales Advertising expense 23% of sales Miscellaneous administrative expense $1,500 per month plus 3% of sales Office salaries expense $14,000 per month Customer support expenses $2,150 plus 4% of sales Research and development expense 4,750 per month Prepare a flexible selling and administrative expenses budget for April for sales volumes of $95,000, $120,000, and $145,000. Enter all amounts as positive numbers. Morningside Technologies Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending April 30 Total sales $95,000 $120,000 $145,000 Variable cost: Sales commissions Advertising expense Miscellaneous administrative expense Customer supPport expenses Total variable cost Fixed cost: Miscellaneous administrative expense Office salaries expense Customer support expenses Research and development expense Total fixed cost Total selling and administrative expenses Morningside Technologies Inc. uses flexible budgets that are based on the following data: Sales commissions 8% of sales Advertising expense 23% of sales Miscellaneous administrative expense $1,500 per month plus 3% of sales Office salaries expense $14,000 per month Customer support expenses $2,150 plus 4% of sales Research and development expense 4,750 per month Prepare a flexible selling and administrative expenses budget for April for sales volumes of $95,000, $120,000, and $145,000. Enter all amounts as positive numbers. Morningside Technologies Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending April 30 Total sales $95,000 $120,000 $145,000 Variable cost: Sales commissions Advertising expense Miscellaneous administrative expense Customer supPport expenses Total variable cost Fixed cost: Miscellaneous administrative expense Office salaries expense Customer support expenses Research and development expense Total fixed cost Total selling and administrative expenses Morningside Technologies Inc. uses flexible budgets that are based on the following data: Sales commissions 8% of sales Advertising expense 23% of sales Miscellaneous administrative expense $1,500 per month plus 3% of sales Office salaries expense $14,000 per month Customer support expenses $2,150 plus 4% of sales Research and development expense 4,750 per month Prepare a flexible selling and administrative expenses budget for April for sales volumes of $95,000, $120,000, and $145,000. Enter all amounts as positive numbers. Morningside Technologies Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending April 30 Total sales $95,000 $120,000 $145,000 Variable cost: Sales commissions Advertising expense Miscellaneous administrative expense Customer supPport expenses Total variable cost Fixed cost: Miscellaneous administrative expense Office salaries expense Customer support expenses Research and development expense Total fixed cost Total selling and administrative expenses Morningside Technologies Inc. uses flexible budgets that are based on the following data: Sales commissions 8% of sales Advertising expense 23% of sales Miscellaneous administrative expense $1,500 per month plus 3% of sales Office salaries expense $14,000 per month Customer support expenses $2,150 plus 4% of sales Research and development expense 4,750 per month Prepare a flexible selling and administrative expenses budget for April for sales volumes of $95,000, $120,000, and $145,000. Enter all amounts as positive numbers. Morningside Technologies Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending April 30 Total sales $95,000 $120,000 $145,000 Variable cost: Sales commissions Advertising expense Miscellaneous administrative expense Customer supPport expenses Total variable cost Fixed cost: Miscellaneous administrative expense Office salaries expense Customer support expenses Research and development expense Total fixed cost Total selling and administrative expenses Morningside Technologies Inc. uses flexible budgets that are based on the following data: Sales commissions 8% of sales Advertising expense 23% of sales Miscellaneous administrative expense $1,500 per month plus 3% of sales Office salaries expense $14,000 per month Customer support expenses $2,150 plus 4% of sales Research and development expense 4,750 per month Prepare a flexible selling and administrative expenses budget for April for sales volumes of $95,000, $120,000, and $145,000. Enter all amounts as positive numbers. Morningside Technologies Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending April 30 Total sales $95,000 $120,000 $145,000 Variable cost: Sales commissions Advertising expense Miscellaneous administrative expense Customer supPport expenses Total variable cost Fixed cost: Miscellaneous administrative expense Office salaries expense Customer support expenses Research and development expense Total fixed cost Total selling and administrative expenses Morningside Technologies Inc. uses flexible budgets that are based on the following data: Sales commissions 8% of sales Advertising expense 23% of sales Miscellaneous administrative expense $1,500 per month plus 3% of sales Office salaries expense $14,000 per month Customer support expenses $2,150 plus 4% of sales Research and development expense 4,750 per month Prepare a flexible selling and administrative expenses budget for April for sales volumes of $95,000, $120,000, and $145,000. Enter all amounts as positive numbers. Morningside Technologies Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending April 30 Total sales $95,000 $120,000 $145,000 Variable cost: Sales commissions Advertising expense Miscellaneous administrative expense Customer supPport expenses Total variable cost Fixed cost: Miscellaneous administrative expense Office salaries expense Customer support expenses Research and development expense Total fixed cost Total selling and administrative expenses Morningside Technologies Inc. uses flexible budgets that are based on the following data: Sales commissions 8% of sales Advertising expense 23% of sales Miscellaneous administrative expense $1,500 per month plus 3% of sales Office salaries expense $14,000 per month Customer support expenses $2,150 plus 4% of sales Research and development expense 4,750 per month Prepare a flexible selling and administrative expenses budget for April for sales volumes of $95,000, $120,000, and $145,000. Enter all amounts as positive numbers. Morningside Technologies Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending April 30 Total sales $95,000 $120,000 $145,000 Variable cost: Sales commissions Advertising expense Miscellaneous administrative expense Customer supPport expenses Total variable cost Fixed cost: Miscellaneous administrative expense Office salaries expense Customer support expenses Research and development expense Total fixed cost Total selling and administrative expenses Morningside Technologies Inc. uses flexible budgets that are based on the following data: Sales commissions 8% of sales Advertising expense 23% of sales Miscellaneous administrative expense $1,500 per month plus 3% of sales Office salaries expense $14,000 per month Customer support expenses $2,150 plus 4% of sales Research and development expense 4,750 per month Prepare a flexible selling and administrative expenses budget for April for sales volumes of $95,000, $120,000, and $145,000. Enter all amounts as positive numbers. Morningside Technologies Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending April 30 Total sales $95,000 $120,000 $145,000 Variable cost: Sales commissions Advertising expense Miscellaneous administrative expense Customer supPport expenses Total variable cost Fixed cost: Miscellaneous administrative expense Office salaries expense Customer support expenses Research and development expense Total fixed cost Total selling and administrative expenses Morningside Technologies Inc. uses flexible budgets that are based on the following data: Sales commissions 8% of sales Advertising expense 23% of sales Miscellaneous administrative expense $1,500 per month plus 3% of sales Office salaries expense $14,000 per month Customer support expenses $2,150 plus 4% of sales Research and development expense 4,750 per month Prepare a flexible selling and administrative expenses budget for April for sales volumes of $95,000, $120,000, and $145,000. Enter all amounts as positive numbers. Morningside Technologies Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending April 30 Total sales $95,000 $120,000 $145,000 Variable cost: Sales commissions Advertising expense Miscellaneous administrative expense Customer supPport expenses Total variable cost Fixed cost: Miscellaneous administrative expense Office salaries expense Customer support expenses Research and development expense Total fixed cost Total selling and administrative expenses Morningside Technologies Inc. uses flexible budgets that are based on the following data: Sales commissions 8% of sales Advertising expense 23% of sales Miscellaneous administrative expense $1,500 per month plus 3% of sales Office salaries expense $14,000 per month Customer support expenses $2,150 plus 4% of sales Research and development expense 4,750 per month Prepare a flexible selling and administrative expenses budget for April for sales volumes of $95,000, $120,000, and $145,000. Enter all amounts as positive numbers. Morningside Technologies Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending April 30 Total sales $95,000 $120,000 $145,000 Variable cost: Sales commissions Advertising expense Miscellaneous administrative expense Customer supPport expenses Total variable cost Fixed cost: Miscellaneous administrative expense Office salaries expense Customer support expenses Research and development expense Total fixed cost Total selling and administrative expenses
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Related Book For
Accounting
ISBN: 978-1337899451
27th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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