Prepare the monthly flexible selling expense budget

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Problem 1: Prepare the monthly flexible selling expense budget for Podism Company for sales volumes of $270,000, $350,000, and $480,000, based on the following data:

Sales commissions                         7% of sales

Sales manager's salary                  $62,000 per month

Advertising expense                      $70,000 per month

Shipping expense                              2% of sales

Miscellaneous selling expense                $2,500 per month plus 1/2% of sales

Podism Company

              Monthly Selling                       Expense                      Budget

Sales volume $270,000                         $350,000                $480,000

Reference no: EM132617286

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