Cloud Productivity Inc. uses flexible budgets that are based on the following data: Prepare a flexible selling
Question:
Cloud Productivity Inc. uses flexible budgets that are based on the following data:
Prepare a flexible selling and administrative expenses budget for March 2016 for sales volumes of $400,000, $500,000, and $600,000.
Transcribed Image Text:
Sales commissions Advertising expense 18% of sales Miscellaneous administrative expense . . . . . . . . . . . . . . . . . . . . . . $6,500 per month plus 12% of sales Office salaries expense . $28,000 per month Customer support expenses...... . . .. . . . . . $12,000 per month plus 20% of sales Research and development expense.... .. . .. . $30,000 per month 14% of sales
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (11 reviews)
CLOUD PRODUCTIVITY INC Flexible Selling and Administrative Expenses ...View the full answer
Answered By
Ann Wangechi
hey, there, paying attention to detail is one of my strong points, i do my very best combined with passion. i enjoy researching since the net is one of my favorite places to be and to learn. i am a proficient and versatile blog, article academic and research writing i possess excellent English writing skills, great proof-reading. i am a good communicator and always provide feedback in real time. i'm experienced in the writing field, competent in computing, essays, accounting and research work and also as a Database and Systems Administrator
4.90+
151+ Reviews
291+ Question Solved
Related Book For
Financial And Managerial Accounting
ISBN: 9781337119207
14th Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
Question Posted:
Students also viewed these Accounting questions
-
Fuller Enterprises uses flexible budgets that are based on the following data: Sales commissions ...................................................6% of sales Advertising expense...
-
Morningside Technologies Inc. uses flexible budgets that are based on the following data: Sales commissions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15% of sales...
-
3) A company uses flexible budgets that are based on the following data: 110% of sales Sales commissions Advertising expense 25% of sales Miscellaneous selling expense Office supplies expense $400...
-
Research serves as a guide by which to study, describe, and quantify an array of social and physical phenomenon. Theory, which is best described as a set of propositions or hypotheses that specify...
-
You began the systems analysis phase at New Century Health Clinic by completing a series of interviews, reviewing existing reports, and observing office operations. (Your instructor may provide you...
-
For each of the following independent cases, fill in the missing amounts: Valerle, Inc. Jess Co. Casey Co. Kevin, Inc. Units produced Standard hours per unit Standard hours Standard rate per hour...
-
Below is a frequency distribution table for a hypothetical variable: a. How many of the scores for this variable have the value 2? b. What percentage of the scores has the value of 7 ? Value f% 7 5...
-
SCHEDULE OF COST OF GOODS MANUFACTURED Prepare a schedule of cost of goods manufactured for Tomas Company for the year ended June 30, 20-2. Information to prepare the schedule is as follows: Work in...
-
A function satisfies-+12 + (-11) (2) +(-11) +7 for all real numbers. There is exactly one real number a where we may use the squeeze theorem to compute the limi Find a and L f(x)-L
-
1. Identify the operations management problems that Dr. Barr is having at the clinic. 2. The schedule Dr. Barr set up worked well at the clinic where she was a resident. What are some of the reasons...
-
Pet Place Supplies Inc., a pet wholesale supplier, was organized on May 1, 2016. Projected sales for each of the first three months of operations are as follows: May....................... $ 134,000...
-
Romano's Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 12" and 16" frozen pizzas for September 2016: There are three direct materials used...
-
Given opening debtors of 11,500, Sales 48,000 and receipts from debtors 45,000, the closing debtors should total (A) 8,500 (B) 14,500 (C) 83,500 (D) 18,500
-
8. Suppose all hotels in a destination are owned by a single firm (a Monopoly). If virtually all guests in the hotels are tourists, is the lack of competition beneficial to the local area? (hint: how...
-
3. Starting from this equation: - [U(X) U (XB,YB)] 8 < = Derive the probability of winning the election for candidate A that is given by the following equation: Pr (IIA > ) = Pr ( 8 < ) = + [, a'd'...
-
Brown v. Board of Education was a landmark case in the United States. Conduct brief research into the aftermath of this case, and how it affected education, culture, or society in general. What were...
-
Coffee suppliers have been dealing with shortage due to coffee leaf rust and drought. Therefore, there are some changes in supply and demand of this product, people is starting consuming tea as a...
-
Halvorson (2009) states "What kind of health plans and care teams should be competing in America?" Since this was before the Affordable Care Act was in place, in what ways might his observations not...
-
The research department in a company that manufactures AM/FM clock radios established the following price-demand, cost, and revenue functions: where x is in thousands of units, and C(x) and R(x) are...
-
Which of the following is FALSE regarding the purchasing power parity (PPP). a. The PPP is a manifestation of the law of one price b. The PPP says that a country with a higher expected inflation can...
-
Yozamba Technology has two divisions, Consumer and Commercial, and two corporate service departments, Tech Support and Purchasing. The corporate expenses for the year ended December 31, 2016, are as...
-
Yozamba Technology has two divisions, Consumer and Commercial, and two corporate service departments, Tech Support and Purchasing. The corporate expenses for the year ended December 31, 2016, are as...
-
Yozamba Technology has two divisions, Consumer and Commercial, and two corporate service departments, Tech Support and Purchasing. The corporate expenses for the year ended December 31, 2016, are as...
-
How does the 360-degree feedback method address the court's six stress issues depicted in Gerhart and Newman's reading? Since the Brito case, there has been growing evidence that the courts have very...
-
Read"Why Race Isn't as"Black"and White"as We Think"by Brent Staples. What can you find out about your own racial,religious,and cultural heritage? Search the Gateway library database: Ancestry Library...
-
Describe the classic steps for identifying an endocrine gland. Are these steps practical for identifying the sources of all the hormones we know of today? Explain.
Study smarter with the SolutionInn App