The selling and administrative expense budget of Gullette Corporation is based on the number of...
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Accounting
The selling and administrative expense budget of Gullette Corporation is based on the number of units sold, which are budgeted to be 3,200 units in April. The variable selling and administrative expense is $4.30 per unit. The budgeted fixed selling and administrative expense is $30,230 per month, which includes depreciation of $3,500. The remainder of the fixed selling and administrative expense represents current cash flows.
Required:
Prepare the selling and administrative expense budget for April.
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