Flexible Budget for Selling and Administrative Expenses Assignment | Top Universities

Flexible Budget for Selling and Administrative Expenses for a Service Company Morningside Technologies Inc, uses flexible budgets that are based on the following data: Sales commissions 6% of sales Advertising expense 24% of sales Miscellaneous administrative expense Office salaries expense $1,500 per month plus 2% of sales $14,000 per month $2,150 plus 3% of sales 3,800 per month Customer support expenses Research and development expense $95,000, $120,000, and $145,000. Enter all amounts as positive numbers.

Prepare a flexible selling and administrative expenses budget for April for Morningside Technologies Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending April 30 Total sales $95,000 $120,000 $145,000 Variable cost: Sales commissions Advertising expense Miscellaneous administrative expense IND Customer support expenses Total variable cost Foed cost: Miscellaneous administrative expenses Prepare a flexible selling and administrative expenses budget for April for sales volumes of $95,000, 5120,000, and $145,000. Enter all amounts as positive number Morningside Technologies Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending April 30 Total sales $95,000 $120,000 $145,000 Variable cost: Sales commissions Advertising expense Accounting numeric field Miscellaneous administrative expense Customer support expenses Total variable cost Fixed cost: Miscellaneous administrative expense Office salaries expense Customer support expenses Research and development expense Total fixed cost Total selling and administrative expenses. Get Accounting homework help today