Regal Furnitures produces and sells high-quality reading tables. One of the very popular models in the...
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Regal Furnitures produces and sells high-quality reading tables. One of the very popular models in the reading table lineup is RT360. The management accountant of the company is in the process of preparing its Selling and Administrative Expense Budget for the first quarter of the year. The following budget data are available: Variable Cost Per RT360 Sold Fixed Costs Tk. 2.10 Tk. 3.90 Tk. 7.40 Monthly Sales commissions Shipping Advertising Executive salaries Depreciation on office equipment Other Tk. 34,000 Tk. 198.000 Tk. 10,000 Tk. 38,000 Tk. 0.60 Assume that all of these expenses (except depreciation) are paid in cush in the month they are incurred. Answer the following questions: [1.5+1.5+3=6] a) If Regal Furnitures has budgeted to sell 19,000 RT360 tables in January, then what will be the total budgeted selling and administrative expenses for January? b) If the company has budgeted to sell 16,000 RT360 tables in February, then what will be the budgeted total cash disbursements for selling and administrative expenses for February? c) If the budgeted total cash disbursements for selling and administrative expenses for March total Tk. 459,200, then how many RT360 table does the company plan to sell in March? Regal Furnitures produces and sells high-quality reading tables. One of the very popular models in the reading table lineup is RT360. The management accountant of the company is in the process of preparing its Selling and Administrative Expense Budget for the first quarter of the year. The following budget data are available: Variable Cost Per RT360 Sold Fixed Costs Tk. 2.10 Tk. 3.90 Tk. 7.40 Monthly Sales commissions Shipping Advertising Executive salaries Depreciation on office equipment Other Tk. 34,000 Tk. 198.000 Tk. 10,000 Tk. 38,000 Tk. 0.60 Assume that all of these expenses (except depreciation) are paid in cush in the month they are incurred. Answer the following questions: [1.5+1.5+3=6] a) If Regal Furnitures has budgeted to sell 19,000 RT360 tables in January, then what will be the total budgeted selling and administrative expenses for January? b) If the company has budgeted to sell 16,000 RT360 tables in February, then what will be the budgeted total cash disbursements for selling and administrative expenses for February? c) If the budgeted total cash disbursements for selling and administrative expenses for March total Tk. 459,200, then how many RT360 table does the company plan to sell in March?
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Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0133392883
6th Canadian edition
Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ
Posted Date:
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