Lander Corporation bases its selling and administrative expense budget on budgeted unit sales. The sales budget shows 3,200 units are planned to be sold in December. The variable selling and administrative expense is P3.10 per unit. The budgeted fixed selling and administrative expense is P60,800 per month, which includes depreciation of P6,720 per month. The remainder of the fixed selling and administrative expense represents current cash flows. The cash disbursements for selling and administrative expenses on the December selling and administrative expense budget should be how much?
a. P69,520
b. P76,320
c. P60,800
d. P3.10
