Examlex

Solved

The Amount of Cash Paid for S&A Expenses During the

question 83

Multiple Choice

 October November  December  Budgeted S&A Expenses  Salary Expense 10,00010,50011,000 Sales Commissions 5% of Sales 5,0005,5005,300 Insurance Expense 2,0002,0002,000 Rent 2,4002,4002,400 Depreciation on equipment 1,5001,5001,500 Utilities 1,1001,3001,500 Total Operating Expenses 22,00023,20023,700Schedule of Cash Payments for S&A Expenses Salary Expense ?10,500?100% of Prior Month Sales Commissions 5,100?? Insurance Expense 2,0002,0002,000 Rent ???100% of Prior Months Utilities Expense 1,200?? Total Payments for S&A Expenses ???\begin{array}{lrrr}&\text { October}&\text { November }&\text { December }\\\text { Budgeted S\&A Expenses }\\\text { Salary Expense } & 10,000 & 10,500 & 11,000 \\\text { Sales Commissions } 5 \% \text { of Sales } & 5,000 & 5,500 & 5,300 \\\text { Insurance Expense } & 2,000 & 2,000 & 2,000 \\\text { Rent } & 2,400 & 2,400 & 2,400 \\\text { Depreciation on equipment } & 1,500 & 1,500 & 1,500 \\\text { Utilities } & \underline{1,100}& \underline{1,300} & \underline{ 1,500}\\\text { Total Operating Expenses } & \underline{22,000} & \underline{ 23,200} & \underline{23,700}\\\text {Schedule of Cash Payments for S\&A }\\\text {Expenses}\\\text { Salary Expense } & ? & 10,500&? \\100 \% \text { of Prior Month Sales Commissions } & 5,100 & ?&? \\\text { Insurance Expense } & 2,000 & 2,000 &2,000\\\text { Rent } & ? & ?&? \\100 \% \text { of Prior Months Utilities Expense } & \underline{1,200} & \underline{\quad ? }& \underline{\quad?}\\\text { Total Payments for S\&A Expenses } & ? & ?&?\end{array}
The amount of cash paid for S&A expenses during the month of November is:


Definitions:

Adult

A person who has reached the age of majority as legally defined, typically characterized by physical growth completion, sexual maturity, and legal responsibility for their actions.

Hypernatremia

A medical condition characterized by an abnormally high concentration of sodium in the blood.

Serum Sodium

The concentration of sodium ions present in the serum component of blood, important for maintaining fluid balance and nerve and muscle function.

Diastolic Blood Pressure

The pressure in the arteries when the heart rests between beats, indicating the minimum blood pressure.

Related Questions