Porter Corporation makes and sells a single product called a Yute. The company is in the process of preparing its Selling and Administrative Expense Budget for the last quarter of the year. The following budget data are available: Variable Cost Per Monthly Fixed Cost Yute Sold Sales commissions Shipping Advertising $ 5.90 $ 5.30 $ 8.90 $ 32,000 $ 178,000 $ 7,000 $ 20,000 Executive salaries Depreciation on office equipment Other $ 0.60 All of these expenses (except depreciation) are paid in cash in the month they are incurred. If the company has budgeted to sell 12,00o0 Yutes in December, then the budgeted total cash disbursements for selling and administrative expenses for December would be:

Porter Corporation makes and sells a single product called a Yute. The company is in the process of preparing its Selling and Administrative Expense Budget for the last quarter of the year. The following budget data are available: Variable Cost Per Monthly Fixed Cost Yute Sold Sales commissions Shipping Advertising $ 5.90 $ 5.30 $ 8.90 $ 32,000 $ 178,000 $ 7,000 $ 20,000 Executive salaries Depreciation on office equipment Other $ 0.60 All of these expenses (except depreciation) are paid in cash in the month they are incurred. If the company has budgeted to sell 12,00o0 Yutes in December, then the budgeted total cash disbursements for selling and administrative expenses for December would be:

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 3PB: TIB makes custom guitars and prepared the following sales budget for the second quarter It also has...

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