Hennig Company has budgeted 3,042 units of sales for December. Hennig budgets selling and administrative expenses on the
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Hennig Company has budgeted 3,042 units of sales for December. Hennig budgets selling and administrative expenses on the
Company has budgeted 3,042 units of sales for December. Hennig budgets selling and administrative expenses on the basis of unit sales. The budgeted fixed selling and administrative expense is $69,482 per month, including depreciation of $6,934 for the month. Variable selling and administrative expenses are budgeted at $3.04 for each unit sold. All cash required for selling and administrative expenses is disbursed in the month incurred. What amount should Hennig budget for disbursements for selling and administrative expenses in December? a. $71,795.68 b. $9,247.68 c. $78,729.68 d. $62,548.00 e. $69,482.00
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