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A merchandiser, provides the following information for its December budgeting process: The November 30 inventory was 1,840 units. Budgeted sales for December are 4,600 units.
A merchandiser, provides the following information for its December budgeting process: The November 30 inventory was 1,840 units. Budgeted sales for December are 4,600 units. Desired December 31 inventory is 3,220 units. Budgeted purchases are: Webster Corporation's monthly projected general and administrative expenses include $6,000 administrative salaries, $3,400 of other cash administrative expenses, $1,850 of depreciation expense on the administrative equipment, and .5% monthly interest on an outstanding bank loan of $20,000. Compute the total budgeted general and administrative expenses budget per month
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