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Last year, sales were 16,400,000 and compensation costs were 1,312,000. Compensation costs for the year were budgeted at 7% of sales. It appears that compensation
Last year, sales were 16,400,000 and compensation costs were 1,312,000. Compensation costs for the year were budgeted at 7% of sales. It appears that compensation costs were Question 29 options: greater than budgeted. less than budgeted. exactly as budgeted. There isn't enough information to tell.
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Accounting
Authors: Charles T. Horngren, Walter T. Harrison Jr., Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood
9th Canadian Edition volume 2
013269008X, 978-0133122855, 133122859, 978-0132690089
