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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 2,960 and 3,560 units,
The following information is available for Pioneer Company. Sales price per unit is $120. November and December, sales were budgeted at 2,960 and 3,560 units, respectively. Variable costs are 11 percent of sales (5 percent commission, 1 percent advertising, 5 percent shipping). Fixed costs per month are sales salaries, $5,600; office salaries, $2,200; depreciation, $2,400; building rent, $3,400; insurance, $1,700; 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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