Preparing a Selling and Administrative Expenses Budget Fazel Company makes and sells paper products....

Question

Preparing a Selling and Administrative Expenses Budget Fazel Company makes and sells paper products. In the coming year, Fazel expects total sales of $19,730,000. There is a 3 percent commission on sales. In addition, fixed expenses of the sales and administrative offices include the following:

Required:

Prepare a selling and administrative expenses budget for Fazel Company for the coming year.

Robert · Accepted Answer

Amount ($)
5,91,900          
9,60,000          
3,65,000          
2,30,000          
12,00,000       
33,46,900       
Note
Its provided that selling commission is 3% of sales so in the given case selling 
commission is 3% of $19,730,000 which is equal to $591,

Preparing a Selling and Administrative Expenses Budget Fazel Company makes and sells paper products. In the coming year, Fazel expects total sales of $19,730,000. There is a 3 percent commission on...

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