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Sheridan Company makes and sells umbrellas. The company is in the process of preparing its Selling and Administrative Expense Budget for the last half of
Sheridan Company makes and sells umbrellas. The company is in the process of preparing its Selling and Administrative Expense Budget for the last half of the year. The following budget data are available: Variable Cost Per Unit Sold Monthly Fixed Cost Sales commissions $0.60 $ 6500 Shipping 1.20 Advertising 0.30 Executive salaries 35000 Depreciation on office equipment 7600 Other 0.35 23000 Expenses are paid in the month incurred. If the company has budgeted to sell 8000 umbrellas in October, how much is the total budgeted variable selling and administrative expenses for October? O $19600 O $16800 O $13233 O $91700
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