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Question - Company estimated sales of 11,000 units at $50 each, unit cost of goods sold of $22, marketing expense of $65,000 and a 5% commission on each unit sold. Administrative expense is budgeted at $50,000.
1. What is total selling expense?
A. $65,000
B. $44,000
C. $92,500
D. None of the above is correct
2. What is Perth's budgeted operating income?
A. $281,000
B. $187,500
C. $198,000
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