McKnightA_W5_TDA_Selling_and_Admin_Exp_Budget_Exercise(1)

McKnightA_W5_TDA_Selling_and_Admin_Exp_Budget_Exercise(1) -...

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Easy Does It, Inc. Selling and Administrative Expenses Budget For the Year Ended December 31, 2011 Q1 2011 Q2 2011 Q3 2011 Q4 2011 Total $330,000 $361,800 $369,000 $315,000 $1,375,800 480,000 607,200 636,000 420,000 2,143,200 Rent ($60K/Q) 60,000 60,000 60,000 60,000 240,000 Utilities: ($140K/Q) 140,000 140,000 140,000 140,000 560,000 Advertising ($150K/Q) 150,000 150,000 150,000 150,000 600,000 Promotions (2% Sales) 240,000 303,600 318,000 210,000 1,071,600 30,000 30,000 30,000 30,000 120,000 Depreciation ($100K/Q)
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Unformatted text preview: 100,000 100,000 100,000 100,000 400,000 Insurance ($30K/Q) 30,000 30,000 30,000 30,000 120,000 Property taxes ($35K/Q) 35,000 35,000 35,000 35,000 140,000 Total $1,595,000 $1,817,600 $1,868,000 $1,490,000 $6,770,600 Other Budget Sch Data Total sales $ $12,000,000 $15,180,000 $15,900,000 $10,500,000 $53,580,000 Wages and Salaries ($210K/Q + 1% sales) Sales Commissions (4% sales) Travel and Entertainment ($30K/Q)...
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This note was uploaded on 02/05/2012 for the course ACCT 305 taught by Professor Charlie during the Spring '11 term at University of Phoenix.

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