The following information is available for Pioneer Company: Sales price per unit is $100. November and December sales were budgeted at 3,060 and 3,420 units, respectively. . Variable costs are 11 percent of sales (6 percent commission, 2 percent advertising, 3 percent shipping). • Fixed costs per month are sales salaries, $5,700; office salaries, $2,900; depreciation, $2,600; building rent, $3,000; insurance, $1,500; and utilities, $700. Required: Determine Pioneer's budgeted selling and administrative expenses for November and December. Total Budgeted Selling and Administrative Expenses November December
The following information is available for Pioneer Company: Sales price per unit is $100. November and December sales were budgeted at 3,060 and 3,420 units, respectively. . Variable costs are 11 percent of sales (6 percent commission, 2 percent advertising, 3 percent shipping). • Fixed costs per month are sales salaries, $5,700; office salaries, $2,900; depreciation, $2,600; building rent, $3,000; insurance, $1,500; and utilities, $700. Required: Determine Pioneer's budgeted selling and administrative expenses for November and December. Total Budgeted Selling and Administrative Expenses November December
Chapter7: Budgeting
Section: Chapter Questions
Problem 3PB: TIB makes custom guitars and prepared the following sales budget for the second quarter It also has...
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