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Pet Food Company budgets payroll at $4,000 per month pius a percentage of monthly sales. The June operating expenses budget includes total payroll of $13,000

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Pet Food Company budgets payroll at $4,000 per month pius a percentage of monthly sales. The June operating expenses budget includes total payroll of $13,000 with budgeted sales of $180,000. Sales for July are budgeted at $200,000 while purchases of inventory for July are budgeted at $900,000. Depreciation and insurance for July are estimated at $1,300 and $300, respectively, Office and administrative expenses related to purchasing inventory are budgeted at 5% of purchases for the month. The purchase of $2,400 in equipment and $1,500 in furnituro is expectod in July. If the percentage of monthly sales used in budgeting payroll increases 30%, what would the total paryroll budgeted for July be? A. $14,000 B. *\$17,000 C. $13,000 D. $10,000

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