X McGraw-Hill Education Campus X Question 19- Exam # 4 - Conner X M [External] Your one-time code- X + ation.com/ext/map

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X Mcgraw Hill Education Campus X Question 19 Exam 4 Conner X M External Your One Time Code X Ation Com Ext Map 1 (97.57 KiB) Viewed 44 times

what is the total amount of S&A expenses for the fourth quarter that the company will report on its pro forma statement?
a. $64400
b. $68900
c. $23700
d. $63900
X McGraw-Hill Education Campus X Question 19- Exam # 4 - Conner X M [External] Your one-time code- X + ation.com/ext/map/index.html?_con=con&external_browser=0&launch Url=https%253A%252F%252Fnewconnect.mheducation.com%2 Saved October November December Budgeted S&A Expenses Salary expense 10,000 10,500 11,000 Sales commissions, 5% of sales 5,000 5,500 5,300 Insurance expenses 2,000 2,000 2,000 Rent 2,400 2,400 2,400 Depreciation on equipment 1,500 1,500 1,500 Utilities 1,100 1,300 1,500 Total operating expenses 22,000 23, 200 23,700 Schedule of Cash Payments for S&A Expenses Salary Expenses ? ? 10,500 ? 100% of prior month sales commissions 5,100 ? Insurance Expense 2,000 2,000 2,000 Rent ? ? 2,400 100% of Prior months utilities expenses 1,200 ? Total payments for S&A expenses ? What is the total amount of S&A expenses for the fourth quarter that the company will report on its pro forma income stateme Multiple Choice