A company pays all selling expenses in the month incurred. Budget information includes:
...
A company pays all selling expenses in the month incurred. Budget information includes:
Administrative salaries: $50,000;
Sales commissions: $20,000;
Advertising: $10,000;
Depreciation on store equipment: $25,000;
Rent on administrative building: $30,000;
Miscellaneous administrative expenses: $5,000.
Total cash disbursements for selling expenses is ?$
Answers: 3
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