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Flexible Budget for Selling and Administrative Expenses for a Service Company Morningside Technologies Inc. uses...

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Accounting

Flexible Budget for Selling and Administrative Expenses for a Service Company

Morningside Technologies Inc. uses flexible budgets that are based on the following data:

Sales commissions 8% of sales
Advertising expense 19% of sales
Miscellaneous administrative expense $1,500 per month plus 1% of sales
Office salaries expense $14,000 per month
Customer support expenses $2,150 plus 2% of sales
Research and development expense 2,850 per month

Prepare a flexible selling and administrative expenses budget for April for sales volumes of $95,000, $120,000, and $145,000. Enter all amounts as positive numbers.

Morningside Technologies Inc.
Flexible Selling and Administrative Expenses Budget
For the Month Ending April 30

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