Fillmore, Inc., expects sales of its housing for electric motors to be $82,000, $72,000, and $89,000 for January, February, and March, respectively. Its variable selling and administrative expenses are 11 percent of sales, and fixed selling and administrative expenses are $14,000 per month. Compute Fillmore's selling and administrative expense budget for January, February, and March. Budgeted selling and administrative expenses January February March

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Fillmore, Inc., expects sales of its housing for electric motors to be $82,000, $72,000, and $89,000 for January, February, and March, respectively. Its variable selling and administrative expenses are 11 percent of sales, and fixed selling and administrative expenses are $14,000 per month.

Compute Fillmore’s selling and administrative expense budget for January, February, and March.

### Budget Table

|                                  | January | February | March |
|----------------------------------|---------|----------|-------|
| Budgeted selling and administrative expenses |         |          |       |

The table above includes columns for each month, with calculated budget values to be filled in for the selling and administrative expenses. The expenses will combine both variable and fixed costs for each period.
Transcribed Image Text:Fillmore, Inc., expects sales of its housing for electric motors to be $82,000, $72,000, and $89,000 for January, February, and March, respectively. Its variable selling and administrative expenses are 11 percent of sales, and fixed selling and administrative expenses are $14,000 per month. Compute Fillmore’s selling and administrative expense budget for January, February, and March. ### Budget Table | | January | February | March | |----------------------------------|---------|----------|-------| | Budgeted selling and administrative expenses | | | | The table above includes columns for each month, with calculated budget values to be filled in for the selling and administrative expenses. The expenses will combine both variable and fixed costs for each period.
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