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Annie's Homemade is preparing a planning budget for August. Its cost formula for salaries and wages includes managers' salaries of $7,000 per month plus employee

image text in transcribed Annie's Homemade is preparing a planning budget for August. Its cost formula for salaries and wages includes managers' salaries of $7,000 per month plus employee wages of $8.00 per labor-hour. In August, Annie's expects to staff 700 employee labor-hours. Required: How much salaries and wages would be included in the August planning budget

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