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Answer the Following Questions Using the Information Below

question 145

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Answer the following questions using the information below:
Sherry and John Enterprises are using the kaizen approach to budgeting for 2011. The budgeted income statement for January 2011 is as follows:
Answer the following questions using the information below: Sherry and John Enterprises are using the kaizen approach to budgeting for 2011. The budgeted income statement for January 2011 is as follows: Under the kaizen approach, cost of goods sold and variable operating expenses are budgeted to decline by 1% per month. -What is budgeted gross margin for March 2011? A) $392,040 B) $396,000 C) $408,040 D) $411,940 Answer the following questions using the information below: Sherry and John Enterprises are using the kaizen approach to budgeting for 2011. The budgeted income statement for January 2011 is as follows: Under the kaizen approach, cost of goods sold and variable operating expenses are budgeted to decline by 1% per month. -What is budgeted gross margin for March 2011? A) $392,040 B) $396,000 C) $408,040 D) $411,940 Answer the following questions using the information below: Sherry and John Enterprises are using the kaizen approach to budgeting for 2011. The budgeted income statement for January 2011 is as follows: Under the kaizen approach, cost of goods sold and variable operating expenses are budgeted to decline by 1% per month. -What is budgeted gross margin for March 2011? A) $392,040 B) $396,000 C) $408,040 D) $411,940 Under the kaizen approach, cost of goods sold and variable operating expenses are budgeted to decline by 1% per month.
-What is budgeted gross margin for March 2011?

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