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Question 2 (27 marks) Prepare a monthly flexible selling expense budget for PineTree Company for sales...

Question 2

Prepare a monthly flexible selling expense budget for PineTree Company for sales volumes of $300,000 and $350,000, based on the following data:

Sales commissions

6% of sales

Sales manager's salary

$120,000 per month

Advertising expense

$90,000 per month

Shipping expense

1% of sales

Miscellaneous selling expense

$4,000 per month plus 1.5% of sales
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