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Question 3 of 4 15 Points Medico Medical Supply Company uses flexible budgets that are based on the following data: Sales commission 5% of sales
Question 3 of 4 15 Points Medico Medical Supply Company uses flexible budgets that are based on the following data: Sales commission 5% of sales Advertising expense 12% of sales Miscellaneous selling expense P12,000 plus 3% of sales Office salaries expense P30,000 Office supplies expense 2% of sales Miscellaneous admin expense P5,000 plus 1% of sales Prepare a flexible selling and administrative expenses budget for May 2020, for sales budget of P120,000, P160,000 and P200,000
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