Dali, Inc. is constructing its marketing budget. 1st quarter 2nd quarter 3rd quarter 4th quarter 50,000...
Fantastic news! We've Found the answer you've been seeking!
Transcribed Image Text:
Dali, Inc. is constructing its marketing budget. 1st quarter 2nd quarter 3rd quarter 4th quarter 50,000 55,000 Sales 30,00 40,000 60,000 Production 35,000 45,000 65,000 Commissions are $3 per unit sold. Salesperson salarles are $100,000 per quarter. Depreciation is $25,000 per quarter. Travel is $10,000 per quarter. Advertising is $50,000 in the first quarter; $40,000 in the second quarter; $60,000 in the third quarter; and $55,000 in the fourth quarter. What is the budgeted marketing expense for the third quarter? Oa. $735,000 Ob. $345,000 OC 5795,000 d. $360,000 Dali, Inc. is constructing its marketing budget. 1st quarter 2nd quarter 3rd quarter 4th quarter 50,000 55,000 Sales 30,00 40,000 60,000 Production 35,000 45,000 65,000 Commissions are $3 per unit sold. Salesperson salarles are $100,000 per quarter. Depreciation is $25,000 per quarter. Travel is $10,000 per quarter. Advertising is $50,000 in the first quarter; $40,000 in the second quarter; $60,000 in the third quarter; and $55,000 in the fourth quarter. What is the budgeted marketing expense for the third quarter? Oa. $735,000 Ob. $345,000 OC 5795,000 d. $360,000
Expert Answer:
Answer rating: 100% (QA)
Required solution Answer 345000 Calculation of Budgeted Marketing Expenses fo... View the full answer
Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
Posted Date:
Students also viewed these accounting questions
-
Consider two independent binomial experiments. In the first one, 40 trials had 10 successes. In the second one, 50 trials had 15 successes. (a) Is it appropriate to use a normal distribution to...
-
Consider two independent binomial experiments. In the first one, 40 trials had 15 successes. In the second one, 60 trials had 6 successes. (a) Is it appropriate to use a normal distribution to...
-
For February, sales revenue is $300,000, sales commissions are 5% of sales, the sales manager's salary is $40,000, advertising expenses are $13,000, shipping expenses total 1% of sales, and...
-
In which control account would you expect to find a provision for doubtful debts?
-
Fresh water can be produced from saltwater by evaporation and subsequent condensation. An example is shown in Fig. P10.42, where 150-kg/s saltwater, state 1, comes from the condenser in a large power...
-
1. On July 15, the firm issued a check to deposit the federal income tax withheld and the FICA tax (both employee and employer shares for the third month [June]). Based on your computations in...
-
Identify the research scenario, including the general area of focus. Develop a hypothetical research scenario that would necessitate the use of the Action Research Approach and a Posttest With a...
-
The residents of the town Ectenia all love economics, and the mayor proposes building an economics museum. The museum has a fixed cost of $2,400,000 and no variable costs. There are 100,000 town...
-
A figure skater spins at the end of her routine and slows down with an angular acceleration of "0.4" A per second squared. If she initially spun with a frequency of 2.35 Hz, how much time does it...
-
Use a dot plot to display the data. The data represent the systolic blood pressures (in millimeters of mercury) of 30 patients at a doctor's office. Organize the data using the indicated type of...
-
The Shepard Company balance sheet and income statement are provided below: The Shepard Company Balance Sheet December 31, Year 1 Assets Cash $ 40,000 Accounts receivable 52,000 Inventory 80,000 Plant...
-
On Shanghai's fashionable Huaihai Roadnot far from the outlets of Apple, Gucci, and Nikea multistory store invites shoppers to try a brand hailing from a small town in Germany. In Herzogenaurach, the...
-
An electronic pressure transmitter has a range of 0 to 200 Pa, and its output signal range is 4 to 20 mA. Find the ideal straight line equation. For an input pressure of 24 Pa, find: the span as a...
-
Write a Java program which prompts user for at least two input values. Then write a method which gets those input values as parameters and does some calculation/manipulation with those values. The...
-
Identify the importance of symbols, symbolism, stories/storytellig at Disneyland. Consider the importance of "The Smile Factory" as a research method of "thick description" on Disneyland's...
-
Question 7 4 pts The area code in Sacramento is 916, and cannot be changed. Suppose we wanted to know how many possible distinct phone numbers can be made such that no digit repeats itself. For...
-
Write a Python program to input the Employee Name, Employee Number and Basic pay Using anonymous functions to solve the following: a). Display the Employee Name and Employee Number b). Calculate the...
-
1. Which of the four major types of information systems do you think is the most valuable to an organization? 2. How do you critically associate the ideas of business agility and business efficiency...
-
Ondi Airlines is interested in acquiring a new aircraft to service a new route. The route will be from Tulsa to Denver. The aircraft will fly one round-trip daily except for scheduled maintenance...
-
For years, Tamarindo Company produced only one product: backpacks. Recently, Tamarindo added a line of duffel bags. With this addition, the company began assigning overhead costs by using...
-
Explain what is meant by the term operating leverage. What impact does increased leverage have on risk?
-
What is the adverse selection problem?
-
Automobile insurance companies charge lower rates to married individuals than they do to unmarried individuals. What economic reason is there for such a practice? Is it fair?
-
An advanced degree is required to teach at most colleges. In what sense is this a form of restricting entry through licensure?
Study smarter with the SolutionInn App