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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 3,060 and 3,470
The following information is available for Pioneer Company: Sales price per unit is $120. November and December, sales were budgeted at 3,060 and 3,470 units, respectively. Variable costs are 12 percent of sales (4 percent commission, 3 percent advertising, 5 percent shipping). Fixed costs per month are sales salaries, $5,200; office salaries, $2,100; depreciation, $2,700; building rent, $3,700; insurance, $1,400; and utilities, $600. Required: Determine Pioneer's budgeted selling and administrative expenses for November and December. Total Budgeted Selling and Administrative Expenses November December
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