Ask Question
24 January, 21:00

Skeete Inc. bases its selling and administrative expense budget on the number of units sold. The variable selling and administrative expense is $4.90 per unit. The budgeted fixed selling and administrative expense is $30,170 per month, which includes depreciation of $3,440. The remainder of the fixed selling and administrative expense represents current cash flows. The sales budget shows 3,800 units are planned to be sold in November. Required: Prepare the selling and administrative expense budget for November.

+1
Answers (1)
  1. 24 January, 21:37
    0
    Answer and Explanation:

    November

    Sales unit 3800

    Variable selling and administrative expense (3800*4.90) 18620

    Fixed selling and administrative expense 30,170

    Total selling and administrative expense 48790

    Depreciation (3,440)

    Cash disbursement on selling and administrative expense 45350
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Skeete Inc. bases its selling and administrative expense budget on the number of units sold. The variable selling and administrative ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers