The budgeted unit sales of Weller Company for the upcoming fiscal year are provided below:...
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The budgeted unit sales of Weller Company for the upcoming fiscal year are provided below: 1st Quarter 17,000 2nd Quarter 20,000 3rd Quarter 6,000 4th Quarter 15,000 Budgeted unit sales The company's variable selling and administrative expense per unit is S1.60. Fixed selling and administrative expenses include advertising expenses of $10,000 per quarter, executive salaries of $35,000 per quarter, and depreciation of $16,000 per quarter. In addition, the company will make insurance payments of $5,000 in the first quarter and $5,000 in the third quarter. Finally, property taxes of $7,000 will be paid in the secand quarter Required: Prepare the company's selling and administrative expense budget for the upcoming fiscal year, (Input all amounts as positive values. Round "Variable cost answers to 2 decimal places. Weller Company Selling and Administrative Expense Budget 3rd 4th 1st Quarter 2nd Quarter Year Fixed selling and administrative expenses Total fixed selling and administrative e Total selling and administrative expenses Cash disbursements for selling and adrrinistrative expenses
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