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Trusler Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range from $170,000 to $200,000. Variable costs and their percentage relationship to sales are: Sales Commissions 5%, Advertising 4%, Traveling 3%, and Delivery 2%. Fixed selling expenses will consist of Sales Salaries $34,000, Depreciation on Delivery Equipment $7,000, and Insurance on Delivery Equipment $1,000.

Complete the monthly flexible budget for each $10,000 increment of sales within the relevant range for the year ending December 31, 2010.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M950491

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