Asked by Aaron Silver on Jun 10, 2024
Verified
The selling and administrative expenses in the planning budget for October would be closest to:
A) $23,330
B) $23,103
C) $23,060
D) $23,040
Administrative Expenses
Overhead or general expenses related to the day-to-day running of a business, which do not directly tie to producing goods or services.
- Learn about the strategies for financial allocation to administrative and selling expenditures.
Verified Answer
EC
Elizabeth CohoonJun 15, 2024
Final Answer :
D
Explanation :
Cost = Fixed cost + (Variable cost per unit × q)
= $21,000 + ($0.40 × 5,100)= $23,040
= $21,000 + ($0.40 × 5,100)= $23,040
Learning Objectives
- Learn about the strategies for financial allocation to administrative and selling expenditures.