Prepare a flexible selling and administrative expenses

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Problem - Net Vision uses flexible budgets that are based on the following data:

Sales commissions 10% of sales

Advertising expense 18% of sales

Miscellaneous selling expense $2,800 per month plus 4% of sales

Office salaries expense $18,000 per month

Office supplies expense 3% of sales

Miscellaneous administrative expense $2,200 per month plus 2% of sales

Required - Prepare a flexible selling and administrative expenses budget for January 2012 for sales volumes of $100,000, $125,000, and $150,000.

Reference no: EM132881788

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