Multiple Choice Question 96

Bramble Corp. makes and sells widgets. The company is in the process of preparing its selling and administrative expense budget for the month. The following budget data are available:


ItemVariable Cost Per Unit Sold


Monthly Fixed Cost

Sales commissions$1 $10000Shipping$3Advertising$4Executive salaries $120000Depreciation on office equipment $4000Other$2 $6000

Expenses are paid in the month incurred. If the company has budgeted to sell 58000 widgets in October, how much is the total budgeted selling and administrative expenses for October?

$140000

$580000

$710000

$720000