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Ripley Ltd manufactures a single product. Budgeted sales for May are R495 000. The gross margin is set at 40%.

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Ripley Ltd manufactures a single product. Budgeted sales for May are R495 000. The gross margin is set at 40%.

If the budgeted net operating profit for May is R84 000, calculate the other total operating expense budgets for May.

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Given the gross margin and budgeted net operating profit we can calculate the other total oper…View the full answer


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Question Details
Chapter # 27- PLANNING AND BUDGETING
Section: Questions
Problem: 7
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Question Posted: August 30, 2023 08:57:16
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