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Durango Company reported the following on the selling and administrative expense budget. Salaries and utilities are paid in the month following their occurrence. How
Durango Company reported the following on the selling and administrative expense budget. Salaries and utilities are paid in the month following their occurrence. How much should Durango Company budget for cash disbursements for selling and administrative expenses for the month of November? Salary Expense Utility Expense Depreciation Expense October November 203,000 $ 103,000 $ 23,000 $16,500 $ 9,500 $ 16,500 Multiple Choice $126,000 $229,000
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