Question: due by 1130, need help with this homework assignment thank you in advance Homework: Chapter 7 HWB Score: 0 of 1 pt 4 of 5






Homework: Chapter 7 HWB Score: 0 of 1 pt 4 of 5 (0 cc EM7-32 (similar to) Stewart, Inc., sells tire rims. Its sales budget and inventory. purchases, and cost of goods sold budget for the nine months ended September 30, 2024, follow: (Click the icon to view the sales budget and inventory, purchases, and cost of goods sold budget.) Stewart, Inc. Selling and Administrative Expense Budget Nine Months Ended September 30, 2024 Quarter Quarter Quarter Ended Ended Nine Ended September 30 March 31 June 30 To Variable expenses: Total variable expenses cedoxos Save mplete) HW Score: 0%, 0 of 5 pls Question Help Stewart's selling and administrative expenses include the following: EE! (Click the icon to view the expenses.) Prepare a selling and administrative expense budget for each of the three quarters of 2024 and totals for the nine-month period. --month otal Stewart, Inc. Sales Budget Nine Months Ended September 30, 2024 Quarter Ended Nine-Month March 31 June 30 September 30 Total $ 44,000 $ 64.000 $ 54,000 $ 162,000 66,000 96,000 81,000 243,000 Cash sales, 40% Credit sales, 60% Total sales 110,000 $ 160.000 $ 135,000 $ 405,000 Stewart, Inc. Inventory, Purchases, and Cost of Goods Sold Budget Nine Months Ended September 30, 2024 Autar farart Qurtar nad Orator nad Nina Month Print Done Reference SICIONS, Total sales $ 110,000 $ 160,000 $ 135,000 $ 405,000 Stewart, Inc. Inventory, Purchases, and Cost of Goods Sold Budget Nine Months Ended September 30, 2024 Quarter Ended Quarter Ended Quarter Ended March 31 June 30 September 30 Nine-Month Total 5162,000 $44,000 $41,400 $64,000 $40.400 $54,000 543,400 Cost of goods sold Plus Desired ending merchandise inventory Total merchandise inventory required Less: Beginning merchandise inventory Budgeted purchases $104,400 $85 400 $19,000 $97 400 $40,400 $41.400 $66,400 $63.000 $57,000 Print Done i purchases, and cost of goods sold budget) :: Click the icon to view the expenses.) Prepare a selling and administrative expense nine-month period. tewart, Inc. nistrative Expense Budget aded September 30, 2024 Quarter Quarter Ended Ended Data Table - X March 31 June 30 Rent, $1,200 per month Salaries, $1,000 per month Commissions, 3% of sales Depreciation, $1,200 per month Miscellaneous expenses 2% of sales Print Done elds and then click Check Allemer Clear All months ended September 30, 2024, follow (Click the icon to view the sales budget and inventory, purchases, and cost of goods sold budget) : (Click t Prepare a s nine-month Nine Months Ended September 30, 2024 Quarter Quarter Quarter Ended Ended Ended Nine month March 31 June 30 September 30 Total Variable expenses: Total variable expenses Fixed expenses: Choose from any list or enter any number in the input fields and then click Check Answer Clear All All parts showing a Type here to search o Septe 2024 Lollow: (Click the icon to view the sales budget and inventory, purchases, and cost of goods sold budget.) (Click the Prepare a sel nine month p Total March 1 June su September su Variable expenses: Total variable expenses Fixed expenses: Total fixed expenses Total selling and administrative expenses Choose from any list or enter any number in the input fields and then click Check Answer Clear All All parts showing Type here to search o a
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