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Answer the following questions (12 and 13) using the information below: Perth Company estimated sales of 11,000 units at $50 each, unit cost of goods
Answer the following questions (12 and 13) using the information below: Perth Company estimated sales of 11,000 units at $50 each, unit cost of goods sold of $22, marketing expense of $65,000 and a 5% commission on each unit sold. Administrative expense is budgeted at $50,000.
Q12: What is total selling expense? A. $65,000 B. $44,000 C. $92,500 D. None of the above is correct
Q 13: What is Perths budgeted operating income? A. $281,000 B. $187,500 C. $198,000 D. None of the above is correc
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