Walnut Has Forecast Sales for the Next Three Months as Follows

question 91

Multiple Choice

Walnut has forecast sales for the next three months as follows: July 4,000 units,August 6,000 units,September 7,500 units.Walnut's policy is to have an ending inventory of 40% of the next month's sales needs on hand.July 1 inventory is projected to be 1,500 units.Selling and administrative costs are budgeted to be $15,000 per month plus $5 per unit sold.What are budgeted selling and administrative expenses for September?

• A)$30,000
• B)$67,500
• C)$32,500
• D)$52,500

---

Definitions:

Purchase Situations

Different scenarios and conditions under which buying decisions are made, influenced by factors like urgency, availability, and socio-economic context.

College Students

Individuals enrolled in institutions of higher education pursuing undergraduate, postgraduate, or professional studies.

Routine Problem Solving

A straightforward process used for addressing problems that occur regularly and have established and predictable solutions.

Apartment Building

A multi-unit housing structure where individuals or families reside in separate compartments but share common areas.