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Q 5.29: Sewing Masters produces curtains. Each curtain sells for $40. The company plans to sell 257,000 curtains in the month of April. Sewing Masters,
Q 5.29: Sewing Masters produces curtains. Each curtain sells for $40. The company plans to sell 257,000 curtains in the month of April. Sewing Masters, salespeople earn a 6% commission on all sales. Bad debt expense is estimated at 2% of sales, and shipping costs are $2.59 per curtain. Administrative salaries total $118,000 annually, and advertising is $48,000 annually. What are the company's budgeted selling and administrative expenses for April? A $630,633 $1,501,863 C $1,654,030 D) $1,296,263
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