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Question Help Kapital Inc. has prepared the operating budget for the first quarter of 2015....

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Accounting

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Question Help Kapital Inc. has prepared the operating budget for the first quarter of 2015. They forecast sales of $45,000 in January, $55,000 in February, and $65,000 in March. Variable and fixed expenses are as follows: Variable: Power cost (30% of Sales) Miscellaneous expenses: (10% of Sales) Fixed: Salary expense: $6,000 per month Rent expense: $5,000 per month Depreciation expense: $1,400 per month Power cost/fixed portion: $600 per month Miscellaneous expenses/fxed portion: $1,000 per month Calculate total selling and administrative expenses for the month of January. $32,000 0 B. $40,000 O C. $18.000 OD $36,000

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