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What is the amount budgeted for nonmanufacturing costs

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Question - The Butterfly Corporation had the following information that pertained to its March budget:

Budgeted sales are $200,000 for February.

Collections of sales are 50% in the month of sale and 50% the next month.

Cost of goods sold averages 70% of sales.

Merchandise purchases total $150,000 in February.

Marketing costs are $3000 each month.

Administrative costs are $15,000 each month.

What is the amount budgeted for nonmanufacturing costs in February?

Reference no: EM131824107

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