Question: Morningside Technologies Inc. uses flexible budgets that are based on the following data: Sales commissions 10% of sales Advertising expense 15% of sales Miscellaneous administrative
Morningside Technologies Inc. uses flexible budgets that are based on the following data:
| Sales commissions | 10% of sales |
| Advertising expense | 15% of sales |
| Miscellaneous administrative expense | $1,700 per month plus 1% of sales |
| Office salaries expense | $16,000 per month |
| Customer support expenses | $2,350 plus 2% of sales |
| Research and development expense | 3,150 per month |
Prepare a flexible selling and administrative expenses budget for April for sales volumes of $105,000, $130,000, and $160,000. Enter all amounts as positive numbers. 
Morningside Technologies Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending April 30 Total sales $105,000 $130,000 $160,000 Variable cost: Sales commissions Advertising expense Miscellaneous administrative expense Customer support expenses Total variable cost Fixed cost: Miscellaneous administrative expense Office salaries expense Customer support expenses Research and development expense A Total fixed cost A Total selling and administrative expenses
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