The following Information is available for Pioneer Company: Sales price per unit is $110. ...
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The following Information is available for Pioneer Company: • Sales price per unit is $110. • November and December, sales were budgeted at 3,120 and 3,480 units, respectively. • Variable costs are 13 percent of sales (5 percent commission, 1 percent advertising, 7 percent shipping). • Fixed costs per month are sales salarles, $5,300; office salaries, $2,600; depreciation, $2,000; building rent, $3,100; Insurance, $1,500; and utilities, $700. Required: Determine Pioneer's budgeted selling and administrative expenses for November and December. Total Budgeted Selling and Administrative Expenses November December The following Information is available for Pioneer Company: • Sales price per unit is $110. • November and December, sales were budgeted at 3,120 and 3,480 units, respectively. • Variable costs are 13 percent of sales (5 percent commission, 1 percent advertising, 7 percent shipping). • Fixed costs per month are sales salarles, $5,300; office salaries, $2,600; depreciation, $2,000; building rent, $3,100; Insurance, $1,500; and utilities, $700. Required: Determine Pioneer's budgeted selling and administrative expenses for November and December. Total Budgeted Selling and Administrative Expenses November December
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Related Book For
Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
Posted Date:
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