Xenon Corporation budgeted sales of its product during the next fiscal year at 200,000 units,with a selling price of $20 per unit.Sales commissions are 6% of sales and other variable selling and administrative costs are 15% of sales.Fixed selling and administrative costs are estimated at $630,000.The budgeted selling and administrative costs for the next fiscal year are:
A) $ 840,000
B) $1,230,000
C) $860,000
D) $1,470,000
Correct Answer:
Verified
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