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Manter Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During June, the company budgeted for 6,900 units, but its actual level of activity was 6,940 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for June: Data used in budgeting: Actual results for June:
The selling and administrative expenses in the planning budget for June would be closest to:
Emancipated
The legal process by which a minor achieves legal independence and is released from the control and responsibility of their parents or guardians.
Employed
The state of being engaged in work or activities for which one receives compensation, typically in the form of salary or wages.
Certain Age
Refers to a specific time of life at which individuals may reach milestones, become eligible for certain rights, or be subject to certain laws.
Unmarried
Describing a person who is not legally joined in marriage to another person.
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