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17 Tangy, Inc. produces and sells salsa, based on an award-winning family recipe. As part of its annual budgeting process, Tangy is preparing the
17 Tangy, Inc. produces and sells salsa, based on an award-winning family recipe. As part of its annual budgeting process, Tangy is preparing the company's Selling and Administrative Expense Budget for the upcoming year. The following information is available: 0116047 Sales commissions Shipping Advertising Executive salaries Depreciation on office equipment Other Monthly Fixed Cost Variable Cost Per Unit Sold $ 0.91 $ 1.41 $ 50,100 $ 0.21 $ 60,100 $ 20,100 $ 40,100 These expenses are budgeted to be paid in cash in the month they are incurred (except for depreciation). Tangy, Inc. has budgeted sales of 15,100 units for March of the upcoming year. The total budgeted fixed selling and administrative expenses for March should be: Multiple Choice $170,400 $130,300
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