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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 expenses
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 Advertising Cost $2 per pair of shoes sold $600,000 $3.00 per pair of shoes sold 1.5% of sales revenue $26,000 $29,500 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? O A. $600,000 O B. $1,255,500 OC. $1,375,500 OD. $1,229,500
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