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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 2,920 and
The following information is available for Pioneer Company: - Sales price per unit is $120. - November and December sales were budgeted at 2,920 and 3,570 units, respectively. - Variable costs are 12 percent of sales (6 percent commission, 2 percent advertising, 4 percent shipping). - Fixed costs per month are sales salaries, $5,900; office salaries, $2,600; depreciation, $2,200; building rent, $3,200; insurance, $1,200; and utilities, $700. Required: Determine Pioneer's budgeted selling and administrative expenses for November and December
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