The following data apply to the HASF Hardware Store and its 2011 budget      Forecast Sales Jan $200,000 Feb $160,000 Mar $180,000 Apr $45,000   Balance Sheet Data   December 31,2010            Cash $80,000 Account receivable:   November sales 45000 December sales 50000 Inventory 54000 Account payable(merchandise) 27000    Other data are as follows: Sales are on credit with 60% of sales collected in the same month after sale ,40% in the second month after sale Cost of goods sold is 50% of sales Other variables costs are 30% of sales paid in the month incurred Inventories are to be 80% of next month’s budgeted sales requirements Fixed expenses are $15000 per month; all require cash Credit time period for purchases are 30 days   On basis of above information answer following questions Find fixed expense in the month of March?

The following data apply to the HASF Hardware Store and its 2011 budget 

 Other data are as follows:

• Sales are on credit with 60% of sales collected in the same month after sale ,40% in the second month after sale
• Cost of goods sold is 50% of sales
• Other variables costs are 30% of sales paid in the month incurred
• Inventories are to be 80% of next month’s budgeted sales requirements
• Fixed expenses are $15000 per month; all require cash
• Credit time period for purchases are 30 days

On basis of above information answer following questions

Find fixed expense in the month of March?