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Selling and administrataive expense budget

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Reference no: EM13115471

The budgeted unit sales of Haerve Company for the upcoming fiscal year are provided below:

1st QTR 2nd QTR 3rd QTR 4th QTR

Budgeted unit sales: 12,000 14,000 11,000 10,000

The company's variable selling and administrative expenses per unit are $2.75. Fixed selling and adminstrative expenses include advertising expenses of $12,000 per quarter, executive salaries of $40,000 per quarter, and depreciation of $16,000 per quarter. In addition, the company will make insuarance payments of $6,000 in the 2nd quarter and $6,000 in the 4th quarter. Finally, property taxes of $6,000 will be paid in the 3rd quarter.

Prepare the company's selling and administrative expense budget for the upcoming fiscal year.

Reference no: EM13115471

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