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Business, 19.05.2020 16:21 genyjoannerubiera

Holiday Corporation bases its selling and administrative expense budget on budgeted unit sales. The sales budget shows 2,200 units are planned to be sold in March. The variable selling and administrative expense is $4.50 per unit. The budgeted fixed selling and administrative expense is $35,720 per month, which includes depreciation (a noncash expense) of $3,700 per month. The remainder of the fixed selling and administrative expense represents current cash flows. The total cash disbursements for selling and administrative expenses on the March selling and administrative expense budget should be:

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Holiday Corporation bases its selling and administrative expense budget on budgeted unit sales. The...
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