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Prepare a selling and administrative expenses budget

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Reference no: EM132043830

Question - Preparing a Selling and Administrative Expenses Budget

Fazel Company makes and sells paper products. In the coming year, Fazel expects total sales of $19,730,000. There is a 3% commission on sales. In addition, fixed expenses of the sales and administrative offices include the following:

Salaries $ 960,000

Utilities 365,000

Office space 230,000

Advertising 1,200,000

Required: Prepare a selling and administrative expenses budget for Fazel Company for the coming year.

Reference no: EM132043830

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