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Swenson, Inc., sells tire rims. Its sales budget and inventory, purchases, and cost of goods sold budget for the nine months ended September 30, 2024, follow: (Click the icon to view the sales budget and inventory, purchases, and cost of goods sold budget.) Variable expenses: Total variable expenses Fixed expenses: Swenson, Inc. Selling and Administrative Expense Budget Nine Months Ended September 30, 2024 Quarter Ended June 30 Total fixed expenses Total selling and administrative expenses Quarter Ended March 31 Quarter Ended September 30 Nine-month Total Swenson's selling and administrative expenses include the following: (Click the icon to view the expenses.) Prepare a selling and administrative expense budget for each of the three quarters of 2024 and totals for the nine-month period. Data table Rent, $1,200 per month Salaries, $3,000 per month Commissions, 3% of sales Depreciation, $1,400 per month Miscellaneous expenses, 2% of sales Print Done - X
Swenson, Inc., sells tire rims. Its sales budget and inventory, purchases, and cost of goods sold budget for the nine months ended September 30, 2024, follow: (Click the icon to view the sales budget and inventory, purchases, and cost of goods sold budget.) Variable expenses: Commissions Expense Cost of Goods Sold Depreciation Expense Ending Inventory Insurance Expense Miscellaneous Expenses Purchases Rent Expense Salaries Expense Sales Selling and A Nine Month Reference Cash sales, 30% Credit sales, 70% Total sales March 31 37,500 S 87,500 $ 125,000 S Swenson, Inc. Sales Budget Nine Months Ended September 30, 2024 Quarter Ended June 30 52,500 $ 122,500 175,000 $ $ Swenson's selling and administrative expenses include the following: (Click the icon to view the expenses.) Cost of goods sold Plus: Desired ending merchandise inventory Total merchandise inventory required Less: Beginning merchandise inventory Budgeted purchases Prenare a selling and administrative expense budget for each of the three quarters of 2024 and totals for the - х Print Swenson, Inc. Inventory, Purchases, and Cost of Goods Sold Budget Nine Months Ended September 30, 2024 Quarter Ended March 31 Quarter Ended June 30 $50,000 $32,000 September 30 $82,000 $36,000 $46,000 45,000 $ 105,000 150,000 $ Done $70,000 $31,000 $101,000 $32,000 $69,000 Nine-Month Total 135,000 315,000 450,000 Quarter Ended September 30 $60,000 $34,000 $94,000 $31,000 $63,000 Nine-Month Total $180,000 Next