Question: Digital Solutions Inc. uses flexible budgets that are based on the following data: Line Item DescriptionValueSales commissions 1 5 % of salesAdvertising expense 1 8
Digital Solutions Inc. uses flexible budgets that are based on the following data: Line Item DescriptionValueSales commissions of salesAdvertising expense of salesMiscellaneous administrative expense$ per month plus of salesOffice salaries expense$ per monthCustomer support expenses$ per month plus of salesResearch and development expense$ per month Prepare a flexible selling and administrative expenses budget for October for sales volumes of $ $ and $Use Exhibit as a model. Digital Solutions Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending October Line Item DescriptionAmountAmountAmountTotal sales$$$Variable cost: CashOffice salaries expenseSales commissionsSupplies expenseWages expenseSales commissions $Sales commissions$Sales commissions$Sales commissions Advertising expenseCashOffice salaries expenseSupplies expenseWages expenseAdvertising expense Advertising expenseAdvertising expenseAdvertising expense Miscellaneous administrative expenseOffice salaries expensePrepaid insuranceRent expenseWages expenseMiscellaneous administrative expense Miscellaneous administrative expenseMiscellaneous administrative expenseMiscellaneous administrative expense Customer support expensesRent expenseResearch and development expenseSupplies expenseWages expenseCustomer support expenses Customer support expensesCustomer support expensesCustomer support expensesTotal variable cost$Total variable cost$Total variable cost$Total variable costFixed cost: Insurance expenseMiscellaneous administrative expenseRent expenseSupplies expenseWages expenseMiscellaneous administrative expense $Miscellaneous administrative expense$Miscellaneous administrative expense$Miscellaneous administrative expense Insurance expenseOffice salaries expensePrepaid insuranceRent expenseWages expenseOffice salaries expense Office salaries expenseOffice salaries expenseOffice salaries expense Customer support expensesInsurance expenseRent expenseSupplies expenseWages expenseCustomer support expenses Customer support expensesCustomer support expensesCustomer support expenses Insurance expenseRent expenseResearch and development expenseSupplies expenseWages expenseResearch and development expense Research and development expenseResearch and development expenseResearch and development expenseTotal fixed cost$Total fixed cost$Total fixed cost$Total fixed costTotal selling and administrative expenses$Total selling and administrative expenses$Total selling and administrative expenses$Total selling and administrative expenses
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
