budgets in managerial accounting matthew gabon, the sales manager of office furniture solutions, prepared the...
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budgets in managerial accounting matthew gabon, the sales manager of office furniture solutions, prepared the following budget for 2020. Salaries (fixed) $400,000, commissions (variable) $150,000, advertising (fixed) 75,000, charge for office space (fixed) 3,000 Office supplies & forms (variable) 2,000 total 630,000 after he submitted his budget, the president reviewed it and recommended that advertising be increased to 100,000. Further she wanted matthew to assume a sales level of 11,000,000. this level or sales is to be achieved without adding salesforce. Matthew's sales group occupies approximately 250 square feet of office space out of total administrative office space of 20,000 square feet. the $3,000 space charge in matthew's budget is his share (allocated base on relative square feet) total costs of rent, utilities, and janitorial costs for the administrative office building. prepare a reviewd budget consistent wit the presidents recommendations
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