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Tremont, Inc., sells tire rims. Its sales budget and inventory, purchases, and cost of goods...

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Question

Accounting

Tremont, Inc., sells tire rims. Its sales budget and inventory, purchases, and cost of goods sold budget
for the nine months ended September 30,2024, follow
(Click the icon to view the sales budget and inventory, purchases, and cost of goods sold budget.
Tremont's selling and administrative expenses include the following:
(Click the icon to view the expenses.)
Prepare a selling and administrative expense budget for each of the three quarters of 2024 and
totals for the nine-month period.
Reference
Data table
Rent, $1,000 per month
Salaries, $5,000 per month
Commissions, 3% of sales
Depreciation, $1,100 per month
Miscellaneous expenses, 1% of sales
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