Ask Experts Questions for FREE Help !
Ask
    yazeedbakri's Avatar
    yazeedbakri Posts: 6, Reputation: 1
    New Member
    		  
    #1

    Aug 13, 2010, 03:04 PM
    Whitaker Company budgets payroll at $3,000 per month plus a percentage of monthly sal
    Whitaker Company budgets payroll at $3,000 per month plus a percentage of monthly sales. The 8)
    June operating expense budget includes total payroll of $10,500 with budgeted sales of $150,000.
    Sales for July are budgeted at $165,000, while purchases of inventory for July are budgeted at
    $85,000. Depreciation and insurance for July are estimated at $750 and $500, respectively. Expenses
    Related to purchasing inventory are budgeted at 5% of purchases for the month. The purchase of
    $3,000 in equipment and $1,200 in furniture is expected in July.
    What are the total operating expenses budgeted for July?
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
    		  
    #2

    Aug 13, 2010, 07:38 PM

    Please see our guidelines for posting homework problems:
    https://www.askmehelpdesk.com/financ...-b-u-font.html
    aussiexman's Avatar
    aussiexman Posts: 1, Reputation: 1
    New Member
    		  
    #3

    Dec 4, 2010, 04:01 PM
    I am looking for the same answer did you ever find the solution for this problem?
    johny23's Avatar
    johny23 Posts: 1, Reputation: 1
    New Member
    		  
    #4

    Dec 8, 2010, 05:03 PM
    Does any one know the answer yet?
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Semi-Monthly payroll [ 2 Answers ]

Hello Everone I am working with a US based company situated at California. We run Semi-Monthly payroll and the payroll schedule is as follows: Pay period Check date 01-01-2010 to 01-15-2010 01-29-2010 01-16-2010 to 01-31-2010 02-12-2010 02-01-2010 to 02-15-2010 02-26-2010 02-16-2010 to...

James Limited, a distributor of garden ornaments, is preparing monthly Budgets for th [ 1 Answers ]

James Limited, a distributor of garden ornaments, is preparing monthly Budgets for the 3 months ending 31st December 2006. Forecasts have been drawn up as follows: MONTH (2006) SALES (£) PURCHASES (£) AUGUST 330,000 275,000 SEPTEMBER 350,000 265,000 ...

Payroll company witholding money from uncashed payroll check [ 1 Answers ]

I have a payroll check that is about four years old and the payroll company says that they are in no way obligated to reissue me a check, and that the escheat laws only apply to government office jobs but that is not true. Who would I contact to help me on this problem?

Stat holiday for monthly payroll [ 1 Answers ]

Hi, We get paid on the 15th of every month. We are paid hourly and vacation is paid out every pay day. How do I go about paying stat holiday pay for this kind of payroll set up. Any suggest greatly appreciated. Just don't want to do anything wrong.:) Thank you 123simple

View more questions Search