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Fillmore, |nc., expects sales of its housing for electric motors to be $86,000, $77,000, and $93,000 for January, February, and March, 17 respectively. Its variable
Fillmore, |nc., expects sales of its housing for electric motors to be $86,000, $77,000, and $93,000 for January, February, and March, 17 respectively. Its variable selling and administrative expenses are 8 percent of sales, and fixed selling and administrative expenses are $10,000 per month. Compute Fillmore's selling and administrative expense budget for February. Budgeted Selling and Administrative Expenses
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