Asked by Abigail Rodriguez on Jun 10, 2024
Verified
The administrative expenses in the planning budget for September would be closest to:
A) $5,400
B) $5,346
C) $5,405
D) $5,435
Administrative Expenses
Costs related to the general operation of a company, including expenses such as salaries of non-sales personnel, and office supplies.
Planning Budget
A planning budget is projected financial plan that outlines an organization's expected revenues, expenses, and capital needs for a future period.
- Examine the costs related to selling and administration within the framework of budget planning.
Verified Answer
JB
Jashan BaathJun 15, 2024
Final Answer :
A
Explanation :
Cost = Fixed cost + (Variable cost per unit × q)
= $5,100 + ($0.10 × 3,000)= $5,400
= $5,100 + ($0.10 × 3,000)= $5,400
Learning Objectives
- Examine the costs related to selling and administration within the framework of budget planning.
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