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-Wala IncBases Its Selling and Administrative Expense Budget on the Number

question 147

Essay

  -Wala Inc.bases its selling and administrative expense budget on the number of units sold.The variable selling and administrative expense is $8.20 per unit.The budgeted fixed selling and administrative expense is $132,800 per month,which includes depreciation of $14,400.The remainder of the fixed selling and administrative expense represents current cash flows.The sales budget shows 8,000 units are planned to be sold in July. Required: Prepare the selling and administrative expense budget for July.
-Wala Inc.bases its selling and administrative expense budget on the number of units sold.The variable selling and administrative expense is $8.20 per unit.The budgeted fixed selling and administrative expense is $132,800 per month,which includes depreciation of $14,400.The remainder of the fixed selling and administrative expense represents current cash flows.The sales budget shows 8,000 units are planned to be sold in July.
Required:
Prepare the selling and administrative expense budget for July.

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Definitions:

Statistic

A measure derived from a sample data set, used to estimate the characteristics of a population.

Sample

A subset of a larger population used to represent the whole group in statistical analysis.

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A microprocessor is an integrated circuit designed to perform calculations and execute various logic tasks as the central processing unit (CPU) in computers and other digital devices.

Sample

A portion of the population selected to represent the entire group, used for analytical or statistical purposes.

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