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6: KG Compan's variable selling and administrative expenses are 15% of net sales. Fixed expenses are $50.000 per quarter. The sales budget shows expected sales
6: KG Compan's variable selling and administrative expenses are 15% of net sales. Fixed expenses are $50.000 per quarter. The sales budget shows expected sales of $200.000 and $240.000 in the first and second quarters, respectively. What are the total budgeted selling and administrative expenses for each quarter? | 2
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