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Selling-administrative expense budget

Problem:

Mize Company classifies its selling and administrative expense budget into variable and fixed components. Variable expenses are expected to be $ 25,000 in the first quarter, and $5,000 increments are expected in the remaining quarters of 2008. Fixed expenses are expected to be $40,000 in each quarter. Prepare the selling and administrative expense budget by quarter and in total for 2010.

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Accounting Basics: Selling-administrative expense budget

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