Question: Fillmore Inc expects sales of its housing for electric motors
Fillmore, Inc., expects sales of its housing for electric motors to be $87,000, $81,000, and $92,000 for January, February, and March, respectively. Its variable selling and administrative expenses are 8 percent of sales, and fixed selling and administrative expenses are $11,000 per month. Prepare Fillmore’s selling and administrative expense budget for January, February, and March.
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