What is total budgeted selling and administrative expenses


Problem

Flounder Company's variable selling and administrative expenses are 14% of net sales. Fixed expenses are $47,000 per quarter. The sales budget shows expected sales of $188,000 and $225,600 in the first and second quarters, respectively. What is the total budgeted selling and administrative expenses for each quarter?

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Financial Accounting: What is total budgeted selling and administrative expenses
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