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Question - For June, Bonita Industries estimated sales revenue at $700000. It pays sales commissions that are 4% of sales. The sales manager's salary is $275000, estimated shipping expenses total 1% of sales, and miscellaneous selling expenses are $20000. How much are budgeted selling expenses for the month of July if sales are expected to be $640000?
a. $52000
b. $327000
c. $32000
d. $330000
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