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The following information is available for Pioneer Company: Sales price per unit is...

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Accounting

The following information is available for Pioneer Company:

  • Sales price per unit is $90.
  • November and December, sales were budgeted at 2,980 and 3,510 units, respectively.
  • Variable costs are 11 percent of sales (6 percent commission, 3 percent advertising, 2 percent shipping).
  • Fixed costs per month are sales salaries, $4,900; office salaries, $2,400; depreciation, $2,800; building rent, $3,000; insurance, $1,600; and utilities, $900.

Required:

Determine Pioneer's budgeted selling and administrative expenses for November and December.

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