The budgeted unit sales of Weller Company for the upcoming fiscal year are provided below:1st Quarter 2nd Quarter 3rd Quarter 4th QuarterBudgeted unit sales 24,000 25,000 21,000 22,000

The company's variable selling and administrative expense per unit is $2.30. Fixed selling and administrative expenses include advertising expenses of $9,000 per quarter, executive salaries of $44,000 per quarter, and depreciation of $23,000 per quarter. In addition, the company will make insurance payments of $4,000 in the first quarter and $4,000 in the third quarter. Finally, property taxes of $8,600 will be paid in the second quarter. Prepare the company's selling and administrative expense budget for the upcoming fiscal year. (Round "Variable cost" answers to 2 decimal places.)

Total cost = $392,500

Explanation:

Giving the following information:

1st Quarter = 24,000 units

2nd Quarter = 25,000

3rd Quarter = 21,000

4th Quarter = 22,000

The company's variable selling and administrative expense per unit is $2.30.

Fixed selling and administrative expenses include advertising expenses of $9,000 per quarter, executive salaries of $44,000 per quarter. Also, the company will make insurance payments of $4,000 in the first quarter and $4,000 in the third quarter. Finally, property taxes of $8,600 will be paid in the second quarter.

We will assume that insurance and taxes are for offices and properties of the selling and administrative department.

1st quarter:

Variable cost = 2.3*24,000 = 55,200

Fixed expense = 9,000 + 44,000 = 53,000

Insurance = 4,000

Total = $112,200

2nd quarter:

Variable cost = 2.3*25,000 = 57,500

Fixed expense = 9,000 + 44,000 = 53,000

Property taxes = 8,600

Total = $71,400

3rd quarter:

Variable cost = 2.3*21,000 = 48,300

Fixed expense = 9,000 + 44,000 = 53,000

Insurance = 4,000

Total = $105,300

4th quarter:

Variable cost = 2.3*22,000 = 50,600

Fixed expense = 9,000 + 44,000 = 53,000

Total = $103,600

Total cost = $392,500