Solution-Prepare a selling and administrative expense budget

Prepare a selling and administrative expense budget

Assignment Help Accounting Basics

Reference no: EM132474256

Problem - Selling and Administrative Budget

Neil's off Roading sells tyre pumps for off roaders. Although business has been good, Neil is concerned that some of the company's selling and administrative expenses are getting too high. He has asked to to help prepare a selling and administrative expenses budget for the coming month for him to review. Another employee has accumulated information for you to use, but you should because the employee does not know a lot about preparing this type of budget, so some items may not belong on the budget.

Direct Labour	$5000
Store rental	2400
Store supplies	900
Sales Commission	1850
Cost of tyre pumps	13200
Advertising in the local paper	300
Insurance	200
Shipping Costs	270

Required - Prepare a selling and administrative expense budget with separate expense budget with separate sections for variable and fixed expenses.

Reference no: EM132474256

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Prepare a selling and administrative expense budget

Reference no: EM132474256

Reference no: EM132474256

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