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c. Fixed administrative expenses, which total $21,000 per month, are paid in the month incurred. Variable administrative expenses amount to 20% of total monthly sales
c. Fixed administrative expenses, which total $21,000 per month, are paid in the month incurred. Variable administrative expenses amount to 20% of total monthly sales revenue, one-half of which is paid in the month incurred, with the balance paid in the following month. April fixed expenses $ 21,000 March variable expenses 19,000 April variable expenses 22,800 v Cash paid in April $ 62,800
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