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The following information is available for Pioneer Company: . . Sales price per unit is $100. November and December, sales were budgeted at 3.040 and
The following information is available for Pioneer Company: . . Sales price per unit is $100. November and December, sales were budgeted at 3.040 and 3,420 units, respectively. Variable costs are 11 percent of sales (6 percent commission, 2 percent advertising, 3 percent shipping). Fixed costs per month are sales salaries, $5,400; office salaries, $2,400; depreciation, $2,800; building rent, $4,000; insurance, $1,500; and utilities, $700. Required: Determine Pioneer's budgeted selling and administrative expenses for November and December. November December Total Budgeted Selling and Administrative Expenses
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