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Morningside Technologies Inc. uses flexible budgets that are based on the following data: Sales commissions 9% of sales Advertising expense 23% of sales Miscellaneous administrative
Morningside Technologies Inc. uses flexible budgets that are based on the following data: Sales commissions 9% of sales Advertising expense 23% of sales Miscellaneous administrative expense $1,750 per month plus 1% of sales Office salaries expense $17,000 per month Customer support expenses $2,500 plus 2% of sales Research and development expense 3,300 per month Prepare a flexible selling and administrative expenses budget for April for sales volumes of $110,000, $140,000, and $165,000. Enter all amounts as positive numbers.
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