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Business, 18.07.2021 23:30 melissapulido198

Selling and admiistrative expenses are billed and paid the month after they occur. Selling and administrstive expenses have both a fixed and a a varible componet. The fixed componet is constant 46,000 a month. T he varible componet equals 5 percent of revenues. Given revenues of $300,000 for January, $350,000 for February, and $400,000 for March what would be the budgeted selling and administrative expenses that would be paid in March?

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