Exercise 22-5 fallon company uses flexible budgets to control its selling expenses. monthly sales are expected to range from $166,900 to $198,400. variable costs and their percentage relationship to sales are sales commissions 6%, advertising 5%, traveling 4%, and delivery 2%. fixed selling expenses will consist of sales salaries $35,300, depreciation on delivery equipment $6,600, and insurance on delivery equipment $1,000. prepare a monthly flexible budget for each $10,500 increment of sales within the relevant range for the year ending december 31, 2017. (list variable costs before fixed costs.)

Do savings and loan associations offer checking accounts?

Evelyn would like to open a small business that is categorized as a being in the distribution industry. to do this she could open a establishment.

1. what is the lowest balance during this period? 2. lily just received her bank statement below. a. what does the bank think her ending balance is? b. how much more does the bank think lily has? c. what transactions are missing? 3. what is the danger of not balancing your bank account? lily’s bank statement deposits: 2/25 $35 2/26 $20 3/1 $256.32 checks: 2/24 ck #301 $25 2/26 #302 $150 debit card: 2/24 american eagle $75.48 2/25 chick fa la $4.67 2/27 mcdonalds $3.56 2/28 chevron $34.76 withdrawal: 2/27 $40 beginning balance $423.34 deposits $311.32 total debits $333.47 ending balance $401.19