Question

Weller Company's budgeted unit sales for the upcoming fiscal year are provided below:

	1st Quarter	2nd Quarter	3rd Quarter	4th Quarter
Budgeted unit sales	21,000	28,000	19,000	19,000

The company’s variable selling and administrative expense per unit is $2.00. Fixed selling and administrative expenses include advertising expenses of $14,000 per quarter, executive salaries of $41,000 per quarter, and depreciation of $20,000 per quarter. In addition, the company will make insurance payments of $5,000 in the first quarter and $5,000 in the third quarter. Finally, property taxes of $8,400 will be paid in the second quarter.

Required:

Prepare the company’s selling and administrative expense budget for the upcoming fiscal year. (Round "Per Unit" answers to 2 decimal places.)

Weller CompanySelling and Administrative Expense Budget1st Quarter2nd Quarter3rd Quarter4th QuarterYearVariable selling and administrative expense per unitVariable selling and administrative expenseFixed selling and administrative expenses:Total fixed selling and administrative expensesTotal selling and administrative expensesCash disbursements for selling and administrative expenses

Answer 1