Petit Patisserie is a commercial bakery that caters for commercial clients. The company's specialty is a small breakfast basket that can feed up to 3 people.
Totals sales for the month are budgeted at 3,000 baskets, at a price of $45/basket. Variable selling expenses include commissions (2% of sales price) and delivery costs ($10/basket). Fixed selling expenses included insurance ($5,000), office equipment depreciation ($3,000), administrative salaries ($20,000), and rent on the office building ($4,000).
Petit Patisserie pays all costs as they are incurred.
What is the amount of cash budgeted for Selling and Administrative expenses for the month?

Question

Petit Patisserie is a commercial bakery that caters for commercial clients. The company's specialty is a small breakfast basket that can feed up to 3 people. 
Totals sales for the month are budgeted at 3,000 baskets, at a price of $45/basket. Variable selling expenses include commissions (2% of sales price) and delivery costs ($10/basket). Fixed selling expenses included insurance ($5,000), office equipment depreciation ($3,000), administrative salaries ($20,000), and rent on the office building ($4,000).
Petit Patisserie pays all costs as they are incurred.
What is the amount of cash budgeted for Selling and Administrative expenses for the month?

Quizplus · Accepted Answer

The Answer of Petit Patisserie is a commercial bakery that caters for commercial clients. The company's specialty is a small breakfast basket that can feed up to 3 people. 
Totals sales for the month are budgeted at 3,000 baskets, at a price of $45/basket. Variable selling expenses include commissions (2% of sales price) and delivery costs ($10/basket). Fixed selling expenses included insurance ($5,000), office equipment depreciation ($3,000), administrative salaries ($20,000), and rent on the office building ($4,000).
Petit Patisserie pays all costs as they are incurred.
What is the amount of cash budgeted for Selling and Administrative expenses for the month?

Petit Patisserie Is a Commercial Bakery That Caters for Commercial