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Answer the following questions (33) & (34) the following information pertains to the January operating budget for Casey Corporation, a retailer: Budgeted sales are $200,000
Answer the following questions (33) & (34) the following information pertains to the January operating budget for Casey Corporation, a retailer: Budgeted sales are $200,000 for January Collections of sales are 50% in the month of sale and 50% the next month Cost of goods sold averages 70% of sales Merchandise purchases total $150,000 in January Marketing costs are $3,000 each month Distribution costs are $5,000 each month Administrative costs are $10,000 each month For January, the amount budgeted for the nonmanufacturing costs budget is $78,000 $10,000 $168,000 O $18,000
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