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Current Attempt in Progress Tamarisk Company combines its operating expenses for budget purposes in a selling and administrative expenses budget. For the first six months
Current Attempt in Progress Tamarisk Company combines its operating expenses for budget purposes in a selling and administrative expenses budget. For the first six months of 2022, the following data are available: 1. 2. 3. 4. Sales: 19,500 units in quarter 1; 21,500 units in quarter 2 Variable costs per dollar of sales: sales commissions 5%; delivery expense 2%; and advertising 4% Fixed costs per quarter: sales salaries $9,400; office salaries $8,400; depreciation $4,100; insurance $1,600; utilities $800; and repairs expense $400 Unit selling price: $18 Prepare a selling and administrative expenses budget by quarters for the first six months of 2022.
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