Walnut has forecast sales for the next three months as follows:
July 5,200 units, August 7,20...
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Business, 06.04.2020 16:57 landenDfisher
Walnut has forecast sales for the next three months as follows:
July 5,200 units, August 7,200 units, September 8,700 units.
Walnut's policy is to have an ending inventory of 40% of the next month's sales needs on hand. July 1 inventory is projected to be 2,700 units. Selling and administrative costs are budgeted to be $27,000 per month plus $5 per unit sold.
What are budgeted selling and administrative expenses for September?
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