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The Segal Company makes and sells a single product called a Wib. The budgeted sales for November are P165, 000. The gross margin is

 

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The Segal Company makes and sells a single product called a Wib. The budgeted sales for November are P165, 000. The gross margin is budgeted at 40% of sales pesos. If the net operating income for November is budgeted at P28, 000 the budget for selling and administrative for November is

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