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Sullivan, Inc., sells tire rims. Its sales budget and inventory, purchases, and cost of goods sold budget for the nine months ended September 30,
Sullivan, Inc., sells tire rims. Its sales budget and inventory, purchases, and cost of goods sold budget for the nine months ended September 30, 2024, follow: (Click the icon to view the sales budget and inventory, purchases, and cost of goods sold budget.) Sullivan's selling and administrative expenses include the following: (Click the icon to view the expenses.) Prepare a selling and administrative expense budget for each of the three quarters of 2024 and totals for the nine-month period. Variable expenses: Total variable expenses Fixed expenses: Sullivan, Inc. Selling and Administrative Expense Budget Nine Months Ended September 30, 2024 Total fixed expenses Total selling and administrative expenses Quarter Quarter Quarter Ended Ended Ended Nine-month March 31 June 30 September 30 Total
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