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Question 5 1 pt A company manufactures and sells a single product. Budgeted sales are $600,000. Gross margin is budgeted at 30% of sales. If

Question 5 1 pt A company manufactures and sells a single product. Budgeted sales are $600,000. Gross margin is budgeted at 30% of sales. If the operating income is budgeted at $80,000, budgeted selling and administrative expenses must be

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