Canvas XCO Time R D Question 38 19 Mint RDB Company budgets payroll at $3.300 per month plus a percentage of monthly sales, The June operating expenses budget Includes total payroll of $10.900 with budgeted sales of $190,000. Sales for July are budgeted at $130,000 while purchases of inventory for July are budgeted at $940,000 Depreciation and insurance for July are estimated at $600 and $300, respectively. Office and administrative expenses related to purchasing inventory are budgeted at 5 of purchases for the months. The purchase of $2.900 in equipment and $1.000 in furniture is expected in het The July payroll should be budgeted at S. 55.200 $13016 $10.900 Previous Not saved Submit Qu