Fiber Plus Corporation makes and sells a single product called a Jute. The company is in the process of preparing its Selling and Administrative Expense Budget for the last quarter of the year. The following budget data are available: Variable cost per Jute Sold Monthly Fixed cost Sales Commissions $6.80 Shipping $8.30 Advertising $2.10 $14,000 Executive Salaries $142,000 Depreciation on Office Equipment $1,000 Other $0.70 $32,000 All of these expenses (except depreciation) are paid in cash in the month they are incurred. If the total budget for selling and administrative expense for October is $493,300, then how many Jutes does the company plan to sell in October? 17,200 units 16,700 units 17,500 units 17,000 units

Kiona co. set up a petty cash fund for payments of small amounts. the following transactions involving the petty cash fund occurred in may (the last month of the company's fiscal year). may 1 prepared a company check for $350 to establish the petty cash fund. 15 prepared a company check to replenish the fund for the following expenditures made since may 1. a. paid $109.20 for janitorial services. b. paid $89.15 for miscellaneous expenses. c. paid postage expenses of $60.90. d. paid $80.01 to the county gazette (the local newspaper) for an advertisement. e. counted $26.84 remaining in the petty cashbox. 16 prepared a company check for $200 to increase the fund to $550. 31 the petty cashier reports that $380.27 cash remains in the fund. a company check is drawn to replenish the fund for the following expenditures made since may 15. f. paid postage expenses of $59.10. g. reimbursed the office manager for business mileage, $47.05. h. paid $48.58 to deliver merchandise to a customer, terms fob destination. 31 the company decides that the may 16 increase in the fund was too large. it reduces the fund by $50, leaving a total of $500.