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Wala Inc. bases its selling and administrative expense budget on the number of units sold. The variable selling and administrative expense is $4.30 per unit.
Wala Inc. bases its selling and administrative expense budget on the number of units sold. The variable selling and administrative expense is $4.30 per unit. The budgeted fixed selling and administrative expense is $30,230 per month, which includes depreciation of $3,500. The remainder of the fixed selling and administrative expense represents current cash flows. The sales budget shows 3,200 units are planned to be sold in July. Required: Prepare the selling and administrative expense budget for July. July Fixed selling and administrative expense Total selling and administrative expense Cash disbursements for selling and administrative expenses $
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