What amount of budgeted income tax expense will be

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Reference no: EM132481238

A company has the following budget information:

Sales: $118,800;

COGS: $48,500;

Depreciation expense: $1,500;

Interest expense: $250;

Other expenses: $41,880.

Question 1: If the company budgets 40% for income tax expense, What the amount of budgeted income tax expense will be

Reference no: EM132481238

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