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The Local Company makes and sells only one product, Product SW. The company is in the process of preparing its Selling and Administrative Expense Budget

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The Local Company makes and sells only one product, Product SW. The company is in the process of preparing its Selling and Administrative Expense Budget for the last half of the year. The following budget data are available: All expenses other than depreciation are paid in cash in the month they are incurred. If the budgeted cash disbursements for selling and administrative expenses for November total $123,250, then how much was the total selling and administrative budget for November

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