The Stacy Company makes and sells a single product,Product R.Budgeted sales for April are $300,000.Gross margin is budgeted at 30% of sales dollars.If the net income for April is budgeted at $40,000,the budgeted selling and administrative expenses are:

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The Answer of The Stacy Company makes and sells a single product,Product R.Budgeted sales for April are $300,000.Gross margin is budgeted at 30% of sales dollars.If the net income for April is budgeted at $40,000,the budgeted selling and administrative expenses are:

The Stacy Company Makes and Sells a Single Product,Product R