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E8-14 Preparing Selling and Administrative Expense Budget [LO 8-3g] The following information is available for Pioneer Company: Sales price per unit is $120. November and
E8-14 Preparing Selling and Administrative Expense Budget [LO 8-3g] The following information is available for Pioneer Company: Sales price per unit is $120. November and December, sales were budgeted at 3,100 and 3,510 units, respectively Variable costs are 12 percent of sales (5 percent commission, 3 percent advertising, 4 percent shipping). Fixed costs per month are sales salaries, $4,200; office salaries, $2,700; depreciation, $2,700; building rent, $3,300; insurance, $1,600; and utilities, $700. Required Determine Pioneer's budgeted selling and administrative expenses for November and December. November December Total Budgeted Selling and Administrative Expenses
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