DeWitt Company uses flexible budgets to control its selling expenses. - 13266

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yousafbhutta

yousafbhutta

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  • Posted on: Sun 05 Aug, 2012
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AE21-5

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DeWitt Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range from $204,000 to $240,000. Variable costs and their percentage relationship to sales are: Sales Commissions 5%, Advertising 4%, Traveling 3%, and Delivery 2%. Fixed selling expenses will consist of Sales Salaries $40,800, Depreciation on Delivery Equipment $8,400, and Insurance on Delivery Equipment $1,200.

 

Complete the monthly flexible budget for each $12,000 increment of sales within the relevant range for the year ending December 31, 2012.

 

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Thank you So much!

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