Erica Brown Week 7 Course Project Part B

Erica Brown Week 7 Course Project Part B - EricaBrown...

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Erica Brown  Course Project Part B i. Selling expense budget  Fantastic Inc. Selling Department Budget For the Year Ended December 31, 2006 Fixed Variable Total Commissions  259,872   259,872  Salaries $150,000  150,000  Selling fringe benefits 30,000  51,974   81,974  Selling health benefits 17,000  17,000  Advertising  89,099   89,099  31,200  31,200  Depreciation 7,500  7,500      Totals 235700  400,945   636,645  j. Administrative expense budget  Fantastic Inc. Administrative Budget For the Year Ended December 31, 2006 Fixed Variable Total Salaries  257,500   257,500  Administrative fringe benefits  51,500   51,500  Administrative health benefits  15,300   15,300  Professional fees  21,500   21,500  Office supplies  29,700   29,700  Telephone   12,994   12,994  Depreciation  6,000   6,000     Total administative costs  351,800   42,694   394,494  K. Proforma Income Statement
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Fantastic Inc. Budgeted Income Statement (Absorption)
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Erica Brown Week 7 Course Project Part B - EricaBrown...

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