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Dart, Inc. makes and sells umbrellas. The company is in the process of preparing its Selling and Administrative Expense Budget for the last half of the year. The following budget data are available: Expenses are paid in the month incurred. If the company has budgeted to sell 8,000 umbrellas in October, how much is the total budgeted variable selling and administrative expenses for October?
Budget
A financial plan outlining expected revenues and expenditures for a specific period, used by individuals, businesses, and governments.
Political Appointee
An individual who has been selected for a governmental position, typically within the executive branch, based on their political affiliation or connections, rather than a career civil servant.
Civil Servant
A person employed in the public sector on behalf of a government department or agency.
Bureaucracy
A governmental system where the majority of decisions are taken by public officials instead of representatives chosen through elections.
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