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(8.9) The following information is available for Pioneer Company: Sales price per unit is $90. November and December, sales were budgeted at 3,100 and 3,600
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The following information is available for Pioneer Company: Sales price per unit is $90. November and December, sales were budgeted at 3,100 and 3,600 units, respectively. Variable costs are 11 percent of sales (6 percent commission, 2 percent advertising, 3 percent shipping). Fixed costs per month are sales salaries, $4,000; office salaries, $2,500; depreciation, $2,400; building rent, $3,100; insurance, $1,500; and utilities, $700. Required: Determine Pioneer's budgeted selling and administrative expenses for November and December
November December Total Budgeted Selling and Administrative ExpensesStep by Step Solution
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