The following information pertains to the January operating ...

[K@]

The following information pertains to the January operating budget for Murphy Corporation, a retailer:

 Budgeted sales are $210,000 for January
 Collections of sales are 40% in the month of sale and 60% the next month
 Cost of goods sold averages 66% of sales
 Merchandise purchases total $159,000 in January
 Marketing costs are $3,600 each month
 Distribution costs are $5,300 each month
 Administrative costs are $10,100 each month

For January, the amount budgeted for the nonmanufacturing costs budget is ________.
◦ $90,400
◦ $10,100
◦ $178,000
◦ $19,000

[matt]

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[K@]

Thanks for the timely response, appreciate it

[shewald78]

YES! Correct, THANKS for helping me on my review