Solution-Find the amount of budgeted income tax expense

Find the amount of budgeted income tax expense will be

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Question 1: A company has the following budget information: Sales: $118,800; COGS: $48,500; Depreciation expense: $1,500; Interest expense: $250; Other expenses: $41,880. If the company budgets 40% for income tax expense, the amount of budgeted income tax expense will be

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Find the amount of budgeted income tax expense will be

Reference no: EM132500596

Reference no: EM132500596

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