Selling and Administrative Budget: How to Prepare Selling and Administrative Expense Budget in Hindi
Автор: iLMA
Загружено: 2019-04-06
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Selling and Administrative Budget: How to Prepare Selling and Administrative Expense Budget in Hindi/Urdu
In this video, We will learn about how to make Selling and Administrative Expense Budget with step by step explanation. It is a very easy budget. Unfortunately, there is no perfect format for Selling and Administrative Budget available because every company has a different expense structure. But in the preparation of Selling and Administrative Expense Budget. We will divide the cost into variable and fixed expenses. We will also calculate Cash disbursements for selling and administrative expenses from this budget as well.
Here is the question data discussed in this video:
Selling and Administrative Expense Budget
The budgeted unit sales of Weller Company for the upcoming fiscal year are provided below:
1st Quarter 2nd Quarter 3rd Quarter 4th QuarterBudgeted unit
sales 15,000 16,000 14,000 13,000
The company’s variable selling and administrative expense per unit is $2.50. fixed selling and administrative expenses include advertising expenses of $8,000 per quarter, executive salaries of $35,000 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 $8,000 will be paid in the second quarter.
Required:
Prepare the company’s selling and administrative expense budget for the upcoming fiscal year.
Managerial Accounting
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