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Prepare company selling and administrative expense budget

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Reference no: EM132513557

Question - 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

20,000

26,000

19,000

18,000

The company's variable selling and administrative expense per unit is $1.90. Fixed selling and administrative expenses include advertising expenses of $13,000 per quarter, executive salaries of $38,000 per quarter, and depreciation of $19,000 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.

Reference no: EM132513557

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