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Victor Jenkins

Oct 31, 2024

Weller company’s budgeted unit sales for the upcoming fiscal year are provided below: 1st quarter 2nd quarter 3rd quarter 4th quarter

Weller Company’s budgeted unit sales for the upcoming fiscal year are provided below:

  • 1st quarter: 33,000 units
  • 2nd quarter: 35,000 units
  • 3rd quarter: 26,000 units
  • 4th quarter: 31,000 units

The company’s variable selling and administrative expense per unit is $3.20. Fixed selling and administrative expenses include:

  • Advertising expenses: $10,000 per quarter
  • Executive salaries: $53,000 per quarter
  • Depreciation: $32,000 per quarter

Additionally, the company will make insurance payments of $5,000 in the first quarter and $5,000 in the third quarter. Lastly, property taxes amounting to $9,200 will be paid in the second quarter.

Required: Prepare the company’s selling and administrative expense budget for the upcoming fiscal year.

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Anonymous

Feb 21, 2025

the u.s. census bureau produces data on the population and economy nationwide. it can you to analyze the kind of people living in your neighborhood. it does not show you the market of people willing to buy your product or an existing market for your product. that will require more market research. the census bureau only gives you an insight to the demographics in your area.
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