Assume a company's sales budget for July estimates 15,000 units sold. The variable selling and administrative...
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Assume a company's sales budget for July estimates 15,000 units sold. The variable selling and administrative expense used for budgeting purposes is $4.00 per unit sold. The total budgeted fixed selling and administrative expense for July is $80,000 including depreciation of $15,000. What is the total amount of budgeted cash disbursements for selling and administrative expenses in July? Multiple Choice $155,000 $140,000 $125,000 $120,000 Assume a company's sales budget for July estimates 15,000 units sold. The variable selling and administrative expense used for budgeting purposes is $4.00 per unit sold. The total budgeted fixed selling and administrative expense for July is $80,000 including depreciation of $15,000. What is the total amount of budgeted cash disbursements for selling and administrative expenses in July? Multiple Choice $155,000 $140,000 $125,000 $120,000
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Related Book For
Accounting Principles
ISBN: 978-1118875056
12th edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
Posted Date:
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