The following budget information is available for the hd sales company (hdc) for january: sales $ 320,000 freight out $ .25 per unit sold depreciation on admin. equipment $ 10,000 sales & admin. salaries $ 40,000 +2% of sales advertising $ 12,000 depreciation on manuf. equip. $ 15,000 lease on sales building $ 45,000 miscellaneous selling expenses $ 5,000 all operating expenses are paid in cash in the month incurred. if hdc expects to sell 20,000 units of inventory, the total budgeted selling and administrative expenses would be what amount on the january pro forma income statement?

The total budgeted selling and administrative expenses would be what amount on the January pro forma income statement is $113,400

Explanation:

Computation of total budgeted selling and administrative expenses in the January pro forma income statement is shown below:

= Freight out + Sales & Admin Salaries + Advertising + Lease on Sales building + Miscellaneous selling expenses

where,

Freight out = $0.25 × 20,000 units = $5,000

Sales & Admin Salaries = 40,000 + 2% of $320,000 = $46,400

So,

The total budgeted selling and administrative expenses is

= $5,000 + $46,400 + $12,000 + $45,000 + $5,000

= $113,400

Since depreciation part is not be considered because it is a non cash expense so we don't include the depreciation cost in computation part.

Hence, the total budgeted selling and administrative expenses would be what amount on the January pro forma income statement is $113,400

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.