Warshaw Company is preparing the June Budget. The June budget includes the following data:

Warshaw Company is preparing the June Budget.

The June budget includes the following data:

Sales  $100,000

Purchases of Merchandise $95,000

Depreciation $2224

Insurance  $11954

Payroll expenses $5446 a month plus 2% of sales

Administrative office expenses incurred to order purchases are budgeted at  6% ofpurchases of merchandise only

Purchase of equipment $2406

Research and Development 10% of sales

What is total operating expense for June?

(hint:  not everything listed is an operating expense)

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