View Policies Current Attempt in Progress Sandhill Company combines its operating expenses for budget purposes...
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Accounting
View Policies Current Attempt in Progress Sandhill Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2022, the following data are available. 1. 2. 3. Sales: 19.600 units quarter 1: 21,560 units quarter 2. Variable costs per dollar of sales: sales commissions 5%, delivery expense 2%, and advertising 3%. Fixed costs per quarter: sales salaries $11.760, office salaries $7,840, depreciation $4,080, insurance $1,470, utilities $820. and repairs expense $490. Unit selling price: $20. 4. Prepare a selling and administrative expense budget by quarters for the first 6 months of 2022. (List variable expenses before fixed expense.)
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