Business, 12.08.2020 05:01 mamieengler

Weller Company's budgeted unit sales for the upcoming fiscal year are provided below: 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Budgeted unit sales 34,000 36,000 27,000 32,000 The company’s variable selling and administrative expense per unit is $3.30. Fixed selling and administrative expenses include advertising expenses of $11,000 per quarter, executive salaries of $53,000 per quarter, and depreciation of $33,000 per quarter. In addition, the company will make insurance payments of $4,000 in the first quarter and $4,000 in the third quarter. Finally, property taxes of $7,200 will be paid in the second quarter. Required: Prepare the company’s selling and administrative expense budget for the upcoming fiscal year. (Round "Per Unit" answers to 2 decimal places.)

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Answer from: melaniespinkhaow4w1j

Answer and Explanation:

The preparation of company’s selling and administrative expense budget for the upcoming fiscal year is shown below:-

Weller Company

Selling and Administrative Expense Budget

Particulars 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Year

Budgeted Unit

Sales a 34,000 36,000 27,000 32,000 129,000

Variable Selling and Administrative Expense

Per Unit $3.3 $3.3 $3.3 $3.3 $3.3

Variable Selling and Administrative

Expense (a × b) $112,200 $118,800 $89,100 $105,600 $425,700

Fixed Selling and Administrative Expense

Advertising $11,000 $11,000 $11,000 $11,000 $44,000

Executive

Salaries $53,000 $53,000 $53,000 $53,000 $212,000

Insurance $4,000 0 $4,000 0 $8,000

Property Taxes 0 $7,200 0 0 $7,200

Depreciation $33,000 $33,000 $33,000 $33,000 $132,000

Total Fixed Selling and Administrative

Expense $101,000 $104,200 $101,000 $97,000 $403,200

Total Selling and Administrative

Expense $213,200 $223,000 $190,100 $202,600 $828,900

Less:

Depreciation $33,000 $33,000 $33,000 $33,000 $132,000

Cash Paid for Selling and

Administrative

Expenses $180,200 $190,000 $157,100 $169,600 $696,900

Answer from: Quest

lady gaga

explanation:

lady gaga's real name is stefani joanne angelina germanotta.

Answer from: Quest

They are enjoying the advantage of independence while running their own small business. they can go where they want when they want to, because they control the restaurant's hours. they can also make time for life emergencies, and set the hours to be when they do the best cooking.

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Weller Company's budgeted unit sales for the upcoming fiscal year are provided below: 1st Quarter 2n...

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