Prepare budget for this year for administrative depart

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Reference no: EM131825320

Prepare a budget for this year for the Administrative Department at Tom’s Toyota Company based on the following information:

Last Year Forecasting Assumption Budget for this Year

Salaries $60,000 2% increase ___________

Stationary $ 900 1% decrease ___________

Telephone $ 2,500 3% increase ___________

Electricity $ 1,200 2.5% increase ___________

Office Rent $10,000 2% increase ___________

Depreciation $ 4,000 no change ___________

Total: $78,600 ___________

Reference no: EM131825320

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