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He following budget information is available for the HD Sales Company for January:
Sales
$
320,000
Freight out
.25
per unit sold
Depreciation on Admin. Equipment
10,000
Sales & Admin. Salaries
40,000
+2% of sales
Advertising
12,000
Depreciation on Manuf. Equip.
15,000
Lease on Sales Building
45,000
Miscellaneous Selling Expenses
5,000
Based on January sales of 20,000, the amount of HDC's expected cash outflow for selling and administrative expenses would be.
a. $123,400.
b. $131,250.
c. $113,400.
d. $128,400.
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