Atkinson Company has the following information: Month Budgeted Sales January $76,000 February 85,000 March 92,000 April 80,000 Budgeted Operating Expenses Per Month Wages $15,000 Advertising 12,000 Depreciation 3,000 Other expenses 4% of sales All cash expenses are paid as incurred. What are the total operating expenses budgeted for the month of April

the total operating expenses budgeted for the month of April is $33,200

Explanation:

Total operating expenses budgeted for the month of April is calculated as:

Wages 15,000

Advertising 12,000

Depreciation 3,000

Other Operating Expense (80,000 * 4%) 3,200

Total 33,200

Special attention must be made on charging the 4% Other expenses on Correct Sales figure - April Sales.