Reference no: EM132515816

Question1 : Webster Corporation's monthly projected general and administrative expenses include $4,900 administrative salaries, $2,300 of other cash administrative expenses, $1,900 of depreciation expense on the administrative equipment, and .5% monthly interest on an outstanding bank loan of $21,000. Compute the total general and administrative expenses to be reported on the general and administrative expense budget per month.

Multiple Choice

Option 1: $28,200.

Option 2: $7,200.

Option 3: $9,100

Option 4: $5,005.

Option 5: $9,205.