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    Prepare selling and administrative expense budget by quarter

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    Mize Company classifies its selling and administrative expense budget into variable and fixed components. Variable expenses are expected to be $ 25,000 in the first quarter, and $5,000 increments are expected in the remaining quarters of 2008. Fixed expenses are expected to be $40,000 in each quarter. Prepare the selling and administrative expense budget by quarter and in total for 2010.

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    Solution Summary

    The expert prepares selling and administrative expense budgets by quarters.

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