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Author Question: Rowen Company pays 80% of its expenses in the month incurred. Rowen's controller has developed the ... (Read 64 times)

dongbo

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on: Feb 5, 2023

Question 1

Alexa Industries has the following amounts budgeted for selling and administrative expenses for February:

Advertising$78,600
Rent56,200
Office equipment depreciation14,800
Bad debts6,400
Supplies13,200
What amount will Alexa report on its February pro-forma income statement for selling and administrative expenses?
◦ $169,200
◦ $154,400
◦ $156,000
◦ $148,000

Question 2

Rowen Company pays 80% of its expenses in the month incurred. Rowen's controller has developed the following budgeted amounts budgeted for selling and administrative expenses for July:

Advertising$16,600
Receptionist salary15,300
Office equipment depreciation8,600
Bad debts7,400
Supplies12,000
What amount will Rowen report on its July pro-forma income statement for selling and administrative expenses?
◦ $59,900
◦ $43,900
◦ $47,920
◦ $35,120
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by dongbo on Feb 5, 2023

Preeti

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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dongbo

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Reply 2 on: Feb 5, 2023
Thanks for the timely response, appreciate it

matt95

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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