Answer:
total operating expense is $32726
Explanation:
Given data
Sales = $100,000
Purchases of Merchandise = $95,000
Depreciation in Accounting Department = $2378
Insurance = $11314
Payroll expenses = $5234 + 2% sales = 5234 + 2000 = $7234
Administrative office expenses = 4% of purchases of merchandise = 0.04×95000 = $3800
Research and Development = 8% of sales = 0.08×100000 = $8000
Purchase of equipment = $4650
to find out
total operating expense for June
solution
we will find total operation expense that will be equal to sum of depreciation, insurance , payroll expenses and admin and Research and Development expenses
so
we know
total operating expense for June = Depreciation + Insurance + Payroll expense + Administrative office expenses + Research and Development expense
total operating expense =2378 + 11314 + 7234 + 3800 + 8000
total operating expense is $32726