Selling and admiistrative expenses are billed and paid the month after they occur. Selling and administrstive expenses have both a fixed and a a varible componet. The fixed componet is constant 46,000 a month. T he varible componet equals 5 percent of revenues. Given revenues of $300,000 for January, $350,000 for February, and $400,000 for March what would be the budgeted selling and administrative expenses that would be paid in March?

"in my opinion, we ought to stop making our own drums and accept that outside supplier's offer," said wim niewindt, managing director of antilles refining, n. v., of aruba. "at a price of $21 per drum, we would be paying $4.70 less than it costs us to manufacture the drums in our own plant. since we use 70,000 drums a year, that would be an annual cost savings of $329,000." antilles refining's current cost to manufacture one drum is given below (based on 70,000 drums per year):

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Ashop owner uses a reorder point approach to restocking a certain raw material. lead time is six days. usage of the material during lead time is normally distributed with a mean of 42 pounds and a standard deviation of four pounds. when should the raw material be reordered if the acceptable risk of a stockout is 3 percent?