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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 3,120 and 3,450 units,
The following information is available for Pioneer Company: Sales price per unit is $120. November and December, sales were budgeted at 3,120 and 3,450 units, respectively. Variable costs are 12 percent of sales (4 percent commission, 2 percent advertising, 6 percent shipping). Fixed costs per month are sales salaries, $4,300; office salaries, $2,300; depreciation, $2,400; building rent, $3,300; insurance, $1,200, and utilities, $600. 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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