Porus Corporation makes and sells a single product called a Yute. The company is in the process of preparing its Selling and Administrative Expense Budget for the last quarter of the year. The following budget data are available:

Variable Cost Per Yute Sold Monthly Fixed Cost
Sales commissions $8.40
Shipping $10.30
Advertising $2.20 $14,000
Executive salaries $154,000
Depreciation on office equipment $2,500
Other $0.74 $32,200

All of these expenses (except depreciation) are paid in cash in the month they are incurred.



4. If the company has budgeted to sell 23,000 Yutes in November, then the total budgeted selling and administrative expenses for November would be:

Rev: 02-17-2011
$700,420
$497,720
$202,700
$697,920

Please refer to this announcement

Quote:

---

Read this first: Expectations for the Homework Help board
Do not simply retype or paste a question from your book or study material

We won't do your homework questions for you.
You were given the assignment for you to learn.

If you come up with your own answer and post it for us to critique that is within reason.

If you have some SPECIFIC questions that you couldn't find or didn't understand, we may help with that.
But this is your assignment, so show us you have at least attempted to complete it on your own.

Thank you.

---