Exercise 6 (Selling and Administrative Budget) The budgeted unit sales of Helene Company for the upcoming fiscal year are provided below: 1stquarter 2ndquarter 3rd quarter 4th quarter Budgeted unit...


Exercise 6 (Selling and Administrative Budget)


The budgeted unit sales of Helene Company for the upcoming fiscal year are


provided below:


1stquarter      2ndquarter     3rd quarter    4th quarter


Budgeted unit sales.....       12,000            14,000            11,000            10,000



The company's variable selling and administrative expenses per unit are P2.75.


Fixed selling and administrative expenses include advertising expenses of


P12,000 per quarter, executive salaries of P40,000 per quarter, and depreciation


of P16,000 per quarter. In addition, the company will make insurance payments


of P6,000 in the 2nd Quarter and P6,000 in the 4thQuarter. Finally, property


taxes of P6,000 will be paid in the 3rd Quarter.


Required:


Prepare the company's selling and administrative expense budget for the


upcoming fiscal year.



Jun 08, 2022
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