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The following information pertains to the January operating budget for ABC Corp., a retailer: Budgeted sales are $210,560 for January Marketing costs are $7,650 each
The following information pertains to the January operating budget for ABC Corp., a retailer: Budgeted sales are $210,560 for January Marketing costs are $7,650 each month Collections of sales are 40% in the month of sale and 60% the next month Distribution costs are $3,520 each month Cost of goods sold averages 66% of sales Merchandise purchases total $159,890 in January Administrative costs are $11,370 each month Compute the amount budgeted for the nonmanufacturing costs budget for January. Instructions: In the box below, please input your answer without adding $, commas, cents or any other symbol, label or word
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