The selling and administrative expense budget of Garney Corporation is based on the number of units sold, which are budgeted to be 4,350 units in October. The variable selling and administrative expense is $6.25 per unit. The budgeted fixed selling and administrative expense is $27,780 per month, which includes depreciation of $11,270. The remainder of the fixed selling and administrative expense represents current cash flows. Required: Prepare the selling and administrative expense budget for October. Note: Do not round your intermediate calculations. Round your final answers to the nearest whole number. October

The selling and administrative expense budget of Garney Corporation is based on the number of units sold, which are budgeted to be 4,350 units in October. The variable selling and administrative expense is $6.25 per unit. The budgeted fixed selling and administrative expense is $27,780 per month, which includes depreciation of $11,270. The remainder of the fixed selling and administrative expense represents current cash flows. Required: Prepare the selling and administrative expense budget for October. Note: Do not round your intermediate calculations. Round your final answers to the nearest whole number. October

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter8: Budgeting

Section: Chapter Questions

Problem 4PB

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