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Karma Company has prepared its operating budget for the first quarter of 2 0 x 9 . The company forecasts sales of $ 5 0
Karma Company has prepared its operating budget for the first quarter of x The company forecasts sales of $ in February, $ in March, and $ in April. Variable and fixed expenses are as follows:
Variable:
Utilities electricity: of sales
Miscellaneous expenses: of sales
Fixed:
Salary expense $ per month
Rent expense $ per month
Depreciation expense $ per month
Utilities expense fixed part $ per month
Miscellaneous expense fixed part $ per month
What are the total selling and administrative expenses for the month of February?
Group of answer choices
$
$
$
None of these amounts is correct
$
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