Last month, Hildebrand Corporation generated sales of $512,000 and incurred selling and administrative expenses of $256,000, of
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Question:
Last month, Hildebrand Corporation generated sales of $512,000 and incurred selling and administrative expenses of $256,000, of which half were variable. This month, the company estimates that it will generate sales of $600,000. Management does not anticipate any changes in unit variable costs. However, it does expect fixed selling and administrative costs to increase by $12,000.
Compute Hildebrands total selling and administrative expense budget for the upcoming month.
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