Multiple Choice
Last year sales were 16,400,000 and compensation costs were 1,312,000. Compensation costs for the year were budgeted at 7% of sales. It appears that compensation costs were
A) greater than budgeted.
B) less than budgeted.
C) exactly as budgeted.
D) there is not enough information to tell.
Correct Answer:
Verified
Correct Answer:
Verified
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