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please help company is formulating its marketing expense budget for the last quarter of the year. Sales in units for the third quarter amounted to
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company is formulating its marketing expense budget for the last quarter of the year. Sales in units for the third quarter amounted to 000 ; sales volume for the fourth quarter is expected to increase by 10%. Variable marketing expense per unit sold amounts to pproximately $0.05, paid in cash in the month of sale. Fixed marketing expense per month amounts to $7,500 of salarles, $3,250 of epreciation (delivery trucks), and \$1,500 of insurance (paid monthly). Required: What is the total budgeted marketing expense for the fourth quarter of the year? What is the estimated cash payment for marketing expense for the fourth quarter Step by Step Solution
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