Shep Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first quarter of 2013, the following data are developed: 1. Sales: 20,000 units; unit selling price: $30 2. Variable costs per dollar of sales: Sales commissions 6% Delivery expense 2% Advertising 4% 3. Fixed costs per quarter: Sales salaries $24,000 Office salaries 19,000 Depreciation 6,000 Insurance 2,000 Utilities 1,000 Instructions Prepare a selling and administrative expense budget for the first quarter of 2013.

Yikes. that sucks dide

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.