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$90,000 5) Amanufacturing company's budgeted income statement includes the following data:...

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Accounting

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$90,000 5) Amanufacturing company's budgeted income statement includes the following data: Data extracted from budgeted income statement Mar Apr May Jun Sales $120,000 $95,000 S100,000 Commission expense (15% of sales) 18,000 13,500 14,250 15,000 Snares expense 30,000 30 ORE 30,00 30,000 Miscellaneous expense 4% of sales 4,800 3,600 3,804 4,000 Nent expense 3,600 3,604 3,600 3,600 lity expense 1,900 1,900 1,9041 1,90 Insurance expense 2.100 2.10 22102 2.102 Depreciation expense 4,400 4,404 4400 The budget assumes that 60% of commission expenses are paid in the month they are incurred and the remaining 40% are paid one month later. In addition, 50% of salary expenses are paid in the same month and the remaining 50% are paid one month later. Miscellaneous expenses, rent expense and utility expenses are assumed to be paid in the same month in which they are incurred Insurance has been paid in advance for the year on January 1st Calculate total budgeted cash payments for selling and administrative expenses for April XYZ COMPANY SELING AND ADMINISTRATIVE EXPENSE BUDGET FOR MONIHENUING April 30, 2016 Apr Total budgeted S&A Expense

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