Atkinson Company has the following information: Month Budgeted Sales January $76,000 February 85,000 March 92,000 April 80,000 Budgeted Operating Expenses Per Month Wages $15,000 Advertising 12,000 Depreciation 3,000 Other expenses 4% of sales All cash expenses are paid as incurred. What are the total operating expenses budgeted for the month of April

Question

Business

Louis Oneill

27 February, 08:04

Atkinson Company has the following information: Month Budgeted Sales January $76,000 February 85,000 March 92,000 April 80,000 Budgeted Operating Expenses Per Month Wages $15,000 Advertising 12,000 Depreciation 3,000 Other expenses 4% of sales All cash expenses are paid as incurred. What are the total operating expenses budgeted for the month of April

+4

Answers (1)

Know the Answer?

German Hubbard · Answer 1

the total operating expenses budgeted for the month of April is $33,200

Explanation:

Total operating expenses budgeted for the month of April is calculated as:

Wages 15,000

Advertising 12,000

Depreciation 3,000

Other Operating Expense (80,000 * 4%) 3,200

Total 33,200

Special attention must be made on charging the 4% Other expenses on Correct Sales figure - April Sales.