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A company is formulating its marketing expense budget for the last quarter of the year. Sales in units for the third quarter amounted to 2
A company is formulating its marketing expense budget for the last quarter of the year. Sales in units for the third quarter amounted to ; sales volume for the fourth quarter is expected to increase by Variable marketing expense per unit sold amounts to approximately $ paid in cash in the month of sale. Fixed marketing expense per month amounts to $ of salaries, $ of depreciation delivery trucks and $ of insurance paid monthly
Required:
a What is the total budgeted marketing expense for the fourth quarter of the year?
b What is the estimated cash payment for marketing expense for the fourth quarter?
tableaTotal budgeted marketing expensebEstimated cash payment
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