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Monty Company's variable selling and administrative expenses are 12% of net sales. Fixed expenses are $51,000 per quarter. The sales budget shows expected sales
Monty Company's variable selling and administrative expenses are 12% of net sales. Fixed expenses are $51,000 per quarter. The sales budget shows expected sales of $204,000 and $244,800 in the first and second quarters, respectively. What are the total budgeted selling and administrative expenses for each quarter? Total budgeted selling and administrative expenses A 1st Quarter $ 2nd Quarter
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