Warshaw Company is preparing the June Budget. The June budget includes the following dа ta: Sales $100,000 Purchases of Merchandise $95,000 Depreciation of office equipment in Accounting Department $2378 Insurance $11314 Payroll expenses $5234 a month plus 2% of sales (for sales and administrative personnel) Administrative office expenses incurred to order purchases are budgeted at 4% of purchases of merchandise only Purchase of equipment $4650 Research and Development 8% of sales What is total operating expense for June?
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Home » Business » Warshaw Company is preparing the June Budget. The June budget includes the following dа ta: Sales $100,000 Purchases of Merchandise $95,000 Depreciation of office equipment in Accounting Department $2378 Insurance $11314 Payroll expenses $5234