Review problem of the agent blaze

Reference no: EM131922294

Question: Agent Blaze uses flexible budgets that are based on the following data:

Sales commissions	8% of sales
Advertising expense	22% of sales
Miscellaneous selling expense	$2,600 plus 2% of sales
Office salaries expense	$17,000 per month
Office supplies expense	3% of sales
Miscellaneous administrative expense	$1,850 per month plus 1% of sales

Prepare a flexible selling and administrative expenses budget for January 2016, for sales volumes of $115,000, $145,000, and $175,000. Enter all amounts as positive numbers.

Agent Blaze
Flexible Selling and Administrative Expenses Budget
For the Month Ending January 31, 2016
Total sales	$115,000	$145,000	$175,000
Variable cost:
Sales commissions	$	$	$
Advertising expense
Miscellaneous selling expense
Office supplies expense
Miscellaneous administrative expense
Total variable cost	$	$	$
Fixed cost:
Miscellaneous selling expense	$	$	$
Office salaries expense
Miscellaneous administrative expense
Total fixed cost	$	$	$
Total selling and administrative expenses	$	$	$

Reference no: EM131922294

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