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Sunland Inc. is preparing its annual budgets for the year ending December 31,2022 . Accounting assistants furnish the following. An accounting assistant has prepared the
Sunland Inc. is preparing its annual budgets for the year ending December 31,2022 . Accounting assistants furnish the following. An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expenses of $526,400 for product JB50 and $338,400 for product JB60, and administrative expenses of $507,600 for product JB50 and $319,600 for product JB60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 20%
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