Prepare flexible selling and administrative expenses budget

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Reference no: EM131922290

Question: Agent Blaze uses flexible budgets that are based on the following data:

Sales commissions	10% of sales
Advertising expense	25% of sales
Miscellaneous selling expense	$2,050 plus 4% of sales
Office salaries expense	$14,000 per month
Office supplies expense	5% of sales
Miscellaneous administrative expense	$1,450 per month plus 3% of sales

Prepare a flexible selling and administrative expenses budget for January 2016, for sales volumes of $90,000, $115,000, and $135,000. Enter all amounts as positive numbers.

Reference no: EM131922290

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