The amount of cash paid for S&A expenses during the month of November is:

Name: The amount of cash paid for S&A expenses during the month of November is:
Brand: Quizplus
Rating: 4.8 (52 reviews)

Question

Quizplus · Accepted Answer

Budgeted cash payments for selling and administrative expenses = Salary expense + Sales commissions of prior month + Insurance expense + Rent expense + Utilities expenses of prior month
Budgeted cash payments for selling and administrative expenses = $10,500 + $5,000 + $2,000 + $2,400 + $1,100 = $21,000

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