Crable and Tesch, the systems consultants in P9-3, budgeted overhead and other expenses as follows for the year ended December 31, 2016: Overhead: Depreciation-equipment………………………….. $60,000 Depreciation-building……………………………… 135,000 Fringe benefits……………………………………… 385,000 Photocopying………………………………………. 95,000 Administrative support……………………………. 465,000 Telephone/Fax…………………………………….. 115,000 Utilities……………………………………………… 193,000 Other direct expenses: Travel………………………………………………. $123,000 Meals……………………………………… 37,000 Required: Prepare and Overhead budget. Prepare and Other Expenses budget
Crable and Tesch, the systems consultants in P9-3, budgeted overhead and other expenses as follows for the year ended December 31, 2016:
Overhead:
Depreciation-building……………………………… 135,000
Photocopying………………………………………. 95,000
Administrative support……………………………. 465,000
Telephone/Fax…………………………………….. 115,000
Utilities……………………………………………… 193,000
Other direct expenses:
Travel………………………………………………. $123,000
Meals……………………………………… 37,000
Required:
-
Prepare and Overhead budget.
-
Prepare and Other Expenses budget
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