Flexible Budget for Selling and Administrative Expenses for a Service Company Cloud Productivity Inc. uses...
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Flexible Budget for Selling and Administrative Expenses for a Service Company Cloud Productivity Inc. uses flexible budgets that are based on the following data: Sales commissions 15% of sales Advertising expense 18% of sales Miscellaneous administrative expense $9,000 per month plus 12% of sales Office salaries expense $29,000 per month Customer support expenses $14,000 per month plus 20% of sales Research and development expense $31,000 per month 5 as a model.) Prepare a flexible selling and administrative expenses budget for March for sales volumes of $400,000, $500,000, and $600,000. (Use Exhib Cloud Productivity Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending March 31 Total sales $400000 500000 $600000 Variable cost: 0 iuni Total variable cost Fixed cost: Customer support expenses Research and development expense $14,000 per month plus 20% of sales $31,000 per month Prepare a flexible selling and administrative expenses budget for March for sales volumes of $400,000, $500,000, and $600,000. (Use Exhibit 5 as a model) Cloud Productivity Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending March 31 Total sales Variable cost Total variable cost Freed cost: mm 1001 Totaled cost Total selling and administrative expenses Previous Check My Work


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