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chapter 10 acct 2101 Exercise 5A Fallon Company uses flexible budgets to control its selling...

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Accounting

chapter 10 acct 2101

Exercise 5A

Fallon Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range from $168,200 to $201,800. Variable costs and their percentage relationship to sales are sales commissions 7%, advertising 6%, traveling 3%, and delivery 2%. Fixed selling expenses will consist of sales salaries $35,300, depreciation on delivery equipment $6,800, and insurance on delivery equipment $1,400.

EXCERISE 10-13

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