Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the selling and administrative expense budget of f

The selling and administrative expense budget of Fenley Corporation is based on the number of units...

80.2K

Verified Solution

Question

Accounting

The selling and administrative expense budget of FenleyCorporation is based on the number of units sold, which arebudgeted to be 2,500 units in January. The variable selling andadministrative expense is $4.40 per unit. The budgeted fixedselling and administrative expense is $35,750 per month, whichincludes depreciation of $4,000. The remainder of the fixed sellingand administrative expense represents current cash flows.

Required:

Prepare the selling and administrative expense budget forJanuary.

(Give the proper answer with theory)

Answer & Explanation Solved by verified expert
4.1 Ratings (837 Votes)
Fenley Corporation Selling and Administrative Budget For the Month of January Particulars Amount Variable Selling and Administrative Expenses 11000 Fixed Selling and Administrative Expenses 35750    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Mechanical Engineering
1.2K views

Why is representation of features important in technical drawing for engineers?

General Management
1.2K views

Country: Mexico Current state of sustainability (Today) Goal: To identify and examine the current state of sustainability within...

Physics
1.2K views

If a wristance of 10 Ju 5 H ierough a switch s to a dired...

Basic Math
1.2K views

X1 X2 D Which expression corresponds to the shaded region A X1UX2 B X1 X2...

Accounting
1.2K views

2 3 4 5 CVP...

Accounting
1.2K views

Swagger Corporation purchases potatoes from farmers. The potatoes are then peeled,...

Accounting
1.2K views

- Tech Solutions is a consulting firm that uses a job-order costing system. Its direct...

Accounting
1.2K views

Which of the following acts extended the bulk of the tax benefits now subject to...

Accounting
1.2K views

The transactions of the Malone Delivery Service are recorded in the general journal below. You...

Accounting
1.2K views

VFL Enterprises started the period with 60 units in beginning inventory that cost $1.90 each....

Finance
1.2K views

UPS, a delivery services company, has a beta of 1.2, and Wal-Mart has a beta...

Accounting
1.2K views

What are the essential characteristics of liabilities for purposes of financial reporting?