Problem
Agent Blaze uses flexible budgets that are based on the following data:
Sales commissions . . . . . . . . . . . . . . . . . 6% of sales
Advertising expense . . . . . . . . . . . . . . . . 20% of sales
Miscellaneous selling expense . . . . . . $2,500 plus 2% of sales
Office salaries expense . . . . . . . . . . . . . . $17,000 per month
Office supplies expense . . . . . . . . . . . . . . .3% of sales
Miscellaneous administrative expense . . . $1,750 per month plus 1% of sales
Prepare a flexible selling and administrative expenses budget for January 2012, for sales volumes of $110,000, $140,000, and $165,000. Enter all amounts as positive numbers.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.