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Answer ASAP The following information pertains to the January operating budget for Murphy Corporation: Budgeted sales are $270,000 for January Cost of goods sold averages
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The following information pertains to the January operating budget for Murphy Corporation: Budgeted sales are $270,000 for January Cost of goods sold averages 66% of sales Direct materials purchases total $159,000 in January Marketing costs are $3,600 each month Distribution costs are $5,300 each month Administrative costs are $10,100 each month Beginning and ending inventories are all zero For January, the amount budgeted for the manufacturing costs budget is OA) $178,200 OB) $10,100 OC) $19,000 D) $90,400Step by Step Solution
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