Question - The Jackson Corporation had the following information that pertained to its March budget:
Budgeted sales are $200,000 for Feb.
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 Feb.
Marketing costs are $3000 each month.
Administrative costs are $15000 each month.
What is the amount budgeted for non-manufacturing costs in Feb?