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PLEASE PROVIDE EXPLANATION AND WORK SHOWN Pallen Company estimated sales of 11,000 units at $40 each, unit cost of goods sold of $22, marketing expense
PLEASE PROVIDE EXPLANATION AND WORK SHOWN
Pallen Company estimated sales of 11,000 units at $40 each, unit cost of goods sold of $22, marketing expense of $65,000 and a 10% commission on each unit sold. Administrative expense is budgeted at $50,000. What is Pallen's budgeted operating income? A. $281,000 B. $39,000 C. $198,000 D. $83,000Step by Step Solution
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