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Business Office Procedures

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See the attachment and answer the following questions:

1. Calculate the total expenses for the department using last year's figures.
2. Using last year's figures, calculate the percentage of total expenses each of the expenses items represents. Round percentages to one decimal place.
3. using last year's figures, calculate the cost per invoice processed if 144,500 invoices were handled during the year.
4. Determine the difference in total expenses between last year's figures and the proposed budget.
5. Calculate the percentage decrease in total expenses if the proposed budget is used.

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Solution Summary

This solution discusses business office procedures.

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