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Anita Corporation is a merchandising company that only makes one type of necklace They sell the necklace at a price of $100 per unit. The
Anita Corporation is a merchandising company that only makes one type of necklace They sell the necklace at a price of $100 per unit. The budgeted sales for the 3rd quarter is 8,000 units The variable selling and administrative expense is $30 per necklace. The fixed selling and administrative expense for the 3rd quarter is $400,000 including $120,000 depreciation expense. What is the total cash disbursement for selling and administrative expenses for the 3' quarter? O $520,000 O $400,000 O $640,000 O $760,000 O $240,000 O $280,000
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