Green Garden Inc.bills and pays selling and administrative expenses the month after they occur.Selling and administrative expenses have both a fixed and a variable component.The fixed component is a constant $47,000 a month.The variable component equals 15 percent of revenues.Given revenues of $800,000 for March,$950,000 for April,and $925,000 for May,what would be the budgeted selling and administrative expenses that would be paid in April?
A) $167,000
B) $142,500
C) $189,500
D) $185,750
Correct Answer:
Verified
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