Porter Corporation makes and sells a single product called a Yute. The company is in the process of preparing its Selling and Administrative Expense Budget for the last quarter of the year. The following budget data are available: Variable CostPer Yute SoldMonthly FixedCostSales commissions$5.90 Shipping$5.30 Advertising$8.90$32,000 Executive salaries $178,000 Depreciation on office equipment $7,000 Other$0.60$20,000 All of these expenses (except depreciation) are paid in cash in the month they are incurred. If the company has budgeted to sell 14,000 Yutes in November, then the total budgeted selling and administrative expenses for November would be: (Round your intermediate calculations to 2 decimal places.)
A. $237,000
B. $289,800
C. $519,800
D. $526,800
Answer: D
You might also like to view...
The success of the Stratos project helps Red Bull by:
A) having their logo on NASCAR cars. B) using YouTube as an effective marketing tool. C) standing out from a crowded field of competitors. D) utilizing free-standing inserts. E) personal selling.
Customer relationship management refers to
A. the links an organization has to its individual customers, employees, suppliers, and other partners for their mutual long-term benefit. B. the idea that an organization should (1) strive to satisfy the needs of consumers (2) while also trying to achieve the organization's goals. C. the view that organizations should satisfy the needs of consumers in a way that provides for society's well being. D. the process of identifying prospective buyers, understanding them intimately, and developing favorable long-term perceptions of the organization and its offerings so buyers will choose them in the marketplace. E. the cluster of benefits that an organization promises customers to satisfy their needs.
Warehouse stock records are the formal accounting records for inventory
Indicate whether the statement is true or false
Carl wanted the advantage that comes with the collective wisdom of a management team participating in a decision. Carl's division had to decide if solar panel, wind turbine blade, or battery power research would be its next major investment. He brought together his managers in a meeting; however, Shinichi, used his strength of character and oratory skills to push for solar panel research. Unfortunately, the other managers were quiet, and Shinichi managed to overpower them with his views. Given the dynamics of the meeting and its outcome, ________ had prevented Carl's meeting from achieving what he had hoped it would.
A. groupthink B. domination C. goal displacement D. devil's advocacy E. satisficing