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

Preparing a Selling and Administrative Expenses Budget Fazel Company makes and sells paper products. In the coming year, Fazel expects total sales of $20,000,000. There is a 3% commission on sales. In addition, fixed expenses of the sales and administrative offices include the following: Salaries $ 960,000 Utilities 365,000 Office space 230,000 Advertising 1,200,000 Required: Prepare a selling and administrative expenses budget for Fazel Company for the coming year. Fazel Company Selling and Administrative Expenses Budget For the Coming Year Variable selling expenses   $fill in the blank 1 Fixed expenses:     Salaries $fill in the blank 2   Utilities fill in the blank 3   Office space fill in the blank 4   Advertising fill in the blank 5   Total fixed expenses   fill in the blank 6 Total selling and administrative expenses   $fill in the blank 7

How do I prepare the selling and administrative expense budget for the quarter ended March 31, 20X1?

Budget Preparation Collins Company is preparing its master budget for April. Use the given estimates to determine the amounts necessary for each of the following requirements. (Estimates may be related to more than one requirement.) a. What should total sales revenue be if territories A and B estimate sales of 10,000 and 13,000 units, respectively, and the unit selling price is $43? $ b. If the beginning finished goods inventory is an estimated 2,000 units and the desired ending inventory is 3,000 units, how many units should be produced? c. What dollar amount of material should be purchased at $4 per pound if each unit of product requires 3 pounds and beginning and ending materials inventories should be 5,000 and 4,000 pounds, respectively? $ d. How much direct labor cost should be incurred if each unit produced requires 1.5 hours at an hourly rate of $14? e. How much manufacturing overhead should be incurred if fixed manufacturing overhead is $52,000 and variable manufacturing…

Zira Company reports the following production budget for the next four months. Each finished unit requires six pounds of direct materials, and the company wants to end each month with direct materials inventory equal to 40% of next month's production needs. Beginning direct materials inventory for April was 1,541 pounds. Direct materials cost $5 per pound. Prepare a direct materials budget for April, May, and June. (Round your answers to the nearest whole number.) April May June 642 670 676 Units to produce Check my work July 656

Echo Amplifiers prepared the following sales budget for the first quarter of 2018: Jan. Feb. Mar. Units BOD Sales price $100 $100 Budgeted sales $80,000 $130,000 $100,000 It also has this additional information related to its expenses: Direct material per unit Direct labor per unit Variable manufacturing overhead per hour Fixed manufacturing overhead per month Sales commissions per unit Sales salaries per month Delivery expense per unit Factory utilities per month Administrative salaries per month Marketing expenses per month Insurance expense per month Depreciation expense per month Budgeted Sales in Units Variable Expenses Sales Commissions 1,300 Delivery Total Variable Expenses Fixed Expenses Sales Salaris $100 Administrative Salaries Marketing Expenses Insurance Expense Depreciation Expense 1,500 Total Fixed Expenses Total Selling and Administrative Expenses $1.50 2 Prepare a sales and administrative expense budget for each month in the quarter ending March 31, 2018. Enter all…

JSS Company’s sales budget projects unit sales of part X of 15,000 units in January, 16,000 units in February, and 17,000 units in March. Each unit of part X requires 1.5 pounds of materials, which cost $2.5 per pound. JSS Company desires its ending raw materials inventory to equal 35% of the next month’s production requirements, and its ending finished goods inventory to equal 20% of the next month’s expected unit sales. These goals were met at December 31, 2020. Instructions (a) Prepare a production budget for January and February 2021. (b) Prepare a direct materials budget for January 2021

Osprey Cycles, Inc. projected sales of 60,589 bicycles for the year. The estimated January 1 inventory is 6,049 units, and the desired December 31 inventory is 7,919 units. What is the budgeted production (in units) for the year?__________________

Zilly Company budgets sales of $156,000 for June. Zilly pays a sales manager a monthly salary of $5,300 and a commission of 8% of that month's sales dollars. Prepare a selling expense budget for June. Budgeted sales ZILLY COMPANY Selling Expense Budget June

Osprey Cycles, Inc. projected sales of 64,237 bicycles for the year. The estimated January 1 inventory is 3,510 units, and the desired December 31 inventory is 6,177 units. What is the budgeted production (in units) for the year?______________________