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Estimating flexible selling expense budget and computing sales volume variance. Seattle Products estimates that it will incur the following selling expenses next period:
Salaries (fixed)
$ 20,000
Commissions (0.05 of sales revenue)
17,875
Travel (0.03 of sales revenue)
10,725
Advertising (fixed)
50,000
Sales Office Costs ($4,000 plus $0.05 per unit sold)
7,250
Shipping Costs ($0.10 per unit sold)
6,500
Total Selling Expenses
$112,350
a. Derive the cost equation for selling expenses. (Hint: y ¼ a þ bx þ cy.)
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