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Simpson Company makes and sells a single product. Budgeted sales for April are $1,170,000. Gross margin is budgeted at 25% of sales. If the net

Simpson Company makes and sells a single product. Budgeted sales for April are $1,170,000. Gross margin is budgeted at 25% of sales. If the net income for April is budgeted at $157,000, budgeted selling and administrative expenses must be:

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