Argyle Company Is Preparing the Operating Budget for the First

question 21

Essay

Argyle Company is preparing the operating budget for the first quarter of 2012. They forecast sales of $50,000 in January, $60,000 in February, and $70,000 in March. Variable and fixed expenses are as follows:
How much is the total operating expense for February?
A)$38,500
B)$47,500
C)$41,700
D)$43,000

• A)$38,500
• B)$47,500
• C)$41,700
• D)$43,000

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Definitions:

Precipitation

Any form of water, such as rain, snow, sleet, or hail, that falls from the atmosphere to the Earth's surface.

Taiga

A biome characterized by coniferous forests, spanning across northern regions, and having cold temperatures and moderate precipitation.

Mediterranean Region

A geographical area surrounding the Mediterranean Sea, characterized by a climate with hot, dry summers and cool, wet winters, and noted for its unique flora and fauna.

Climates

The long-term patterns and averages of temperature, humidity, atmospheric pressure, wind, precipitation, and other meteorological elements in a particular region.