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Speedy Runner makes running shoes and they are anticipating the incurrence of the following operating expenses during the upcoming year: Sales commission Salaries Shipping
Speedy Runner makes running shoes and they are anticipating the incurrence of the following operating expenses during the upcoming year: Sales commission Salaries Shipping expenses Bad debt expense Depreciation on sales vehicles Cost $2 per pair of shoes sold $520,000 $3.50 per pair of shoes sold 1.5% of sales revenue $23,000 $20,000 Advertising Speedy Runner plans to sell 120,000 pairs of shoes at $100 per pair. What will Speedy Runner budget for cash disbursements related to operating expenses? A. $520,000 B. $1,200,000 OC. $1,223,000 OD. $1.403,000 Click to select your answer.
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