What is the total amount of S&A expenses for the fourth quarter that the company will...
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What is the total amount of S&A expenses for the fourth quarter that the company will report on its pro forma income statement? Budgeted S&A Expenses Salary Expense Sales Commissions 5% of Sales Insurance Expense Rent Depreciation on equipment Utilities Total Operating Expenses Schedule of Cash Payments for S&A Expenses Salary Expense 100% of Prior Month Sales Commissions Insurance Expense Rent 100% of Prior Months Utilities Expense Total Payments for S&A Expenses October November December 10,000 5,000 2,000 2,400 1,500 1,100 22,000 ? 5,100 2,000 ? 1,200 ? 10,500 5,500 2,000 2,400 1,500 1,300 23,200 10,500 ? 2,000 ? ? ? 11,000 5,300 2,000 2,400 1,500 1,500 23,700 ? ? 2,000 2,400 ? What is the total amount of S&A expenses for the fourth quarter that the company will report on its pro forma income statement? Budgeted S&A Expenses Salary Expense Sales Commissions 5% of Sales Insurance Expense Rent Depreciation on equipment Utilities Total Operating Expenses Schedule of Cash Payments for S&A Expenses Salary Expense 100% of Prior Month Sales Commissions Insurance Expense Rent 100% of Prior Months Utilities Expense Total Payments for S&A Expenses October November December 10,000 5,000 2,000 2,400 1,500 1,100 22,000 ? 5,100 2,000 ? 1,200 ? 10,500 5,500 2,000 2,400 1,500 1,300 23,200 10,500 ? 2,000 ? ? ? 11,000 5,300 2,000 2,400 1,500 1,500 23,700 ? ? 2,000 2,400 ?
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The question asks to calculate the total amount of Selling and Administrative SA expenses for the fo... View the full answer
Related Book For
Financial Accounting and Reporting a Global Perspective
ISBN: 978-1408076866
4th edition
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
Posted Date:
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