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Fillmore, Inc., expects sales of its housing for electric motors to be $82,000,$75,000, and $90,000 for January, February, and March, respectively. Its variable selling and

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Fillmore, Inc., expects sales of its housing for electric motors to be $82,000,$75,000, and $90,000 for January, February, and March, respectively. Its variable selling and administrative expenses are 12 percent of sales, and fixed selling and administrative expenses are $13,000 per month. Compute Fillmore's selling and administrative expense budget for January, February, and March. Getty Company expects sales for the first three months of next year to be $220,000,$265,000 and $310,000, respectively. Getty expects 40 percent of its sales to be cash and the remainder to be credit sales. The credit sales will be collected as follows: 10 percent in the month of the sale and 90 percent in the following month. Compute a schedule of Getty's cash receipts for the months of February and March

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