What are the budgeted selling and administrative expenses


The Stacy Company makes and sells a single product, Product R. Budgeted sales for April are $300,000. Gross Margin is budgeted at 30% of sales dollars. If the net income for April is budgeted at $40,000, what are the budgeted selling and administrative expenses ?

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Accounting Basics: What are the budgeted selling and administrative expenses
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