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The following information is available for Pioneer Company: - Sales price per unit is $120. - November and December sales were budgeted at 3,040 and
The following information is available for Pioneer Company: - Sales price per unit is $120. - November and December sales were budgeted at 3,040 and 3,590 units, respectively. - Variable costs are 10 percent of sales (5 percent commission, 3 percent advertising, 2 percent shipping). - Fixed costs per month are sales salaries, $4,500; office salaries, $2,700; depreciation, $2,900; building rent, $3,900; insurance, $1,500; and utilities, $600. Required: Determine Pioneer's budgeted selling and administrative expenses for November and December
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