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Flexible Budget for Selling and Administrative Expenses Cloud Productivity Inc. uses flexible budgets that are based on the following data: Sales commissions 14% of sales Advertising expense 18% of sales Miscellaneous administrative expense $6,500 per month plus 12% of sales office salaries expense $28,000 per month Customer support expenses $12,000 per month plus 20% of sales Research and development expense $30,000 per month Prepare a flexible selling and administrative expenses budget for March 2016 for sales volumes of $400,000, $500,000, and $600,000. Enter all amounts as positive numbers. Cloud Productivity Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending March 31, 2016 Total sales Variable cost: Sales commissio $400,000 $500,000 $600,000 4

Flexible Budget for Selling and Administrative Expenses Cloud Productivity Inc. uses flexible budgets that are based on the following data: Sales commissions 14% of sales Advertising expense 18% of sales Miscellaneous administrative expense $6,500 per month plus 12% of sales office salaries expense $28,000 per month Customer support expenses $12,000 per month plus 20% of sales Research and development expense $30,000 per month Prepare a flexible selling and administrative expenses budget for March 2016 for sales volumes of $400,000, $500,000, and $600,000. Enter all amounts as positive numbers. Cloud Productivity Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending March 31, 2016 Total sales Variable cost: Sales commissio $400,000 $500,000 $600,000 4

Principles of Cost Accounting
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter7: The Master Budget And Flexible Budgeting
Section: Chapter Questions
Problem 9P: Flexible budget for factory overhead Presented below are the monthly factory overhead cost budget...
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Flexible Budget for Selling and Administrative Expenses Cloud Productivity Inc. uses flexible budgets that are based on the following data: Sales commissions 14% of sales Advertising expense 18% of sales Miscellaneous administrative expense $6,500 per month plus 12% of sales Office salaries expense $28,000 per month Customer support expenses $12,000 per month plus 20% of sales Research and development expense $30,000 per month Prepare a flexible selling and administrative expenses budget for March 2016 for sales volumes of $400,000, $500,000, and $600,000. Enter all amounts as positive numbers. Cloud Productivity Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending March 31, 2016 Total sales Variable cost: Sales commissions Advertising expense Miscellaneous administrative expense Customer support expense Total variable cost Fixed cost $400,000 $500,000 $600,000 4
Transcribed Image Text:Flexible Budget for Selling and Administrative Expenses Cloud Productivity Inc. uses flexible budgets that are based on the following data: Sales commissions 14% of sales Advertising expense 18% of sales Miscellaneous administrative expense $6,500 per month plus 12% of sales Office salaries expense $28,000 per month Customer support expenses $12,000 per month plus 20% of sales Research and development expense $30,000 per month Prepare a flexible selling and administrative expenses budget for March 2016 for sales volumes of $400,000, $500,000, and $600,000. Enter all amounts as positive numbers. Cloud Productivity Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending March 31, 2016 Total sales Variable cost: Sales commissions Advertising expense Miscellaneous administrative expense Customer support expense Total variable cost Fixed cost $400,000 $500,000 $600,000 4
Research and development expense $30,000 per month Prepare a flexible selling and administrative expenses budget for March 2016 for sales volumes of $400,000, $500,000, and $600,000. Enter all amounts as positive numbers. Cloud Productivity Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending March 31, 2016 Total sales Variable cost: Sales commissions Advertising expense Miscellaneous administrative expense Customer support expense Total variable cost Fixed cost: Miscellaneous administrative expense Office salaries expense Customer support expense Research and development expense Total fixed cost Total selling and administrative expenses I $400,000 $500,000 $600,000 J 3 (. @
Transcribed Image Text:Research and development expense $30,000 per month Prepare a flexible selling and administrative expenses budget for March 2016 for sales volumes of $400,000, $500,000, and $600,000. Enter all amounts as positive numbers. Cloud Productivity Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending March 31, 2016 Total sales Variable cost: Sales commissions Advertising expense Miscellaneous administrative expense Customer support expense Total variable cost Fixed cost: Miscellaneous administrative expense Office salaries expense Customer support expense Research and development expense Total fixed cost Total selling and administrative expenses I $400,000 $500,000 $600,000 J 3 (. @
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