Amerchandising company's budget includes the following data for january: sales: $400,000; cogs: $270,000; administrative salaries: $1,250; sales commissions: 5% of sales; advertising: $10,000; depreciation on store equipment: $25,000; rent on administrative building: $30,000; miscellaneous administrative expenses: $5,000. the total general and administrative expenses on the january general and administrative expense budget will be $.

Total general and administrative expenses           $

Administrative salaries                                        1,250

Rent on administrative building                          30,000

Miscellaneous administrative expenses             5,000

Total general and administrative equipment      35,250

Explanation:

The total general and administrative expenses include administrative salaries, rent on administrative building and miscellaneous administrative expenses.

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