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Variable selling and administrative expenses are $45.50 per jacket sold. Fixed selling and administrative expenses are $35,000 per month. These costs are not itemized, i.e.,

Variable selling and administrative expenses are $45.50 per jacket sold. Fixed selling and administrative expenses are $35,000 per month. These costs are not itemized, i.e., the budget has only two line items variable operating expenses and fixed operating expenses. Prepare an Operating Expenses budget.

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