A company plans to sell 255,000 units at $30 each during the coming fiscal year. Sales commissions
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Question:
A company plans to sell 255,000 units at $30 each during the coming fiscal year. Sales commissions average 5% of sales, and other variable selling and administrative costs average 10% of si Fixed selling and administrative costs are estimated to be $950,000. What is the budgeted amount of selling and administrative costs for the coming year? (Enter your answer as a whole number without the dollar sign.)
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