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For June, Waterway Industries estimated sales revenue at $800000. It pays sales commissions that are...

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Accounting

For June, Waterway Industries estimated sales revenue at $800000. It pays sales commissions that are 4% of sales. The sales managers salary is $305000, estimated shipping expenses total 1% of sales, and miscellaneous selling expenses are $25000. How much are budgeted selling expenses for the month of July if sales are expected to be $740000?

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