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Wala Incorporated bases its selling and administrative expense budget on the number of units sold....

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Accounting

Wala Incorporated bases its selling and administrative expense budget on the number of units sold. The variable selling and administrative expense is $4.50 per unit. The budgeted fixed selling and administrative expense is $30,210 per month, which includes depreciation of $3,480. The remainder of the fixed selling and administrative expense represents current cash flows. The sales budget shows 3,400 units are planned to be sold in July.
Required:
Prepare the selling and administrative expense budget for July.

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