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Prepare a monthly selling expense flexible budget

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Question - Vaughn Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range from $171,100 to $205,300. Variable costs and their percentage relationship to sales are sales commissions 6%, advertising 5%, travel 3%, and delivery 2%. Fixed selling expenses will consist of sales salaries $35,300, depreciation on delivery equipment $7,400, and insurance on delivery equipment $1,500. Prepare a monthly selling expense flexible budget for each $11,400 increment of sales within the relevant range for the year ending December 31, 2020.

Reference no: EM132602905

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