Question: Can you please explain how the below is performed? Problem: Prepare a monthly flexible selling expense budget fora companywho hassales volumes of $270,000, $350,000, and
Can you please explain how the below is performed?
Problem:
Prepare a monthly flexible selling expense budget fora companywho hassales volumes of $270,000, $350,000, and $480,000, based on the following data:
Sales commissions 7% of sales
Sales manager's salary $62,000 per month
Advertising expense $70,000 per month
Shipping expense 2% of sales
Miscellaneous selling expense $2,500 per month plus 1/2% of sales
looking for the following information for each of the volume amounts (270,000, $350,000, and $480,000)
Sale volume
Variable expense:
Sales Commissions
Shipping expense
Miscellaneous selling expense
Total variable expense
Fixed expense:
Sales manager's salary
advertising expense
miscellaneous selling expense
Total fixed expense
Total selling expense
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