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Compute monthly flexible budget for each increment of sale

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Reference no: EM131132698

DeWitt Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range from$170,000 to $200,000 Variable costs and their percentage relationship to sales are:

Sales commissions

6%

Advertising

4%

Traveling

3%

Delivery

2%

Fixed selling expenses will consist of:

Sales salaries

$35,000

 

Depreciation on delivery equipment

7,000

 

Insurance on delivery equipment

1,000

Instructions

Prepare a monthly flexible budget for each $10,000 increment of sales within the relevant range for the year ending December 31, 2014.

Reference no: EM131132698

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