Assume a company’s sales budget for July estimates 15,300 units sold. The variable selling and administrative expense used for budgeting purposes is $5.00 per unit sold. The total budgeted cash disbursements for selling and administrative expenses in July is $122,000. The total fixed selling and administrative expenses included in the selling and administrative expense budget for July is $90,000. 

What is the amount of depreciation included in the selling and administrative expense budget for July?

Answer rating: 100% (QA)

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