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Prepare company selling and administrative expense budget

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Reference no: EM132510264

Weller Company's budgeted unit sales for the upcoming ?scal year are provided below:

                                        1st Quarter            2nd Quarter           3rd Quarter            4th Quarter
Budgeted unit sales         30,000                    31,000              23,000                    23,000

The company's variable selling and administrative expense per unit is $2.90. Fixed selling and administrative expenses include advertising expenses of $15,000 per quarter, executive salaries of $50,000 per quarter, and depreciation of $29,000 per quarter. In addition, the company will make insurance payments of $4,000 in the first quarter and $4,000 in the third quarter. Finally, property taxes of $9,000 will be paid in the second quarter.

Required:

Question 1: Prepare the company‘s selling and administrative expense budget for the upcoming ?scal year. (Round Per Unit answers to 2 decimal places.)

Reference no: EM132510264

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