13-01Ex_5e_s

Survey of Accounting (Available Titles Cengagenow)

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Exercise 13-1 Name: Section: Score: 0% Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited. A red asterisk (*) wil appear in the row immediately to the right of an incorrect answer. AGENT BLAZE Flexible Sel ing and Administrative Expenses Budget For the Month Ending January 31, 2010 Total sales Variable cost: Sales commissions Advertising expense Miscel aneous sel ing expense Office supplies expense Miscel aneous administrative expense Total variable cost Fixed cost: Miscel aneous sel ing expense Office salaries expense Miscel aneous administrative expense Total fixed cost Total sel ing and administrative expenses Instructions
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Exercise 13-1 Name: SOLUTION Section: Score: See student sheet for student's score Scoring: ON Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited.
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Unformatted text preview: A red asterisk (*) wil appear in the row immediately to the right of an incorrect answer. AGENT BLAZE Flexible Sel ing and Administrative Expenses Budget For the Month Ending January 31, 2010 Total sales $100,000 $125,000 $150,000 Variable cost: Sales commissions $8,000 $10,000 $12,000 Advertising expense 21,000 26,250 31,500 Miscel aneous sel ing expense 3,000 3,750 4,500 Office supplies expense 4,000 5,000 6,000 Miscel aneous administrative expense 2,000 2,500 3,000 Total variable cost $38,000 $47,500 $57,000 Fixed cost: Miscel aneous sel ing expense $2,250 $2,250 $2,250 Office salaries expense 15,000 15,000 15,000 Miscel aneous administrative expense 1,600 1,600 1,600 Total fixed cost $18,850 $18,850 $18,850 Total sel ing and administrative expenses $56,850 $66,350 $75,850 Instructions...
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This note was uploaded on 11/04/2011 for the course ACC 121 taught by Professor Thomas during the Winter '08 term at Baker MI.

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13-01Ex_5e_s - A red asterisk (*) wil appear in the row...

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