FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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A7 please help......

After some research, management has learned that the rent on the restaurant will remain at $4,800 per
month. Property taxes are going up to $800 per month, and property insurance will now cost $630 per
month. If these three costs are the only components of the occupancy costs line item, what is the monthly
budget for next year's occupancy costs line?
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Transcribed Image Text:After some research, management has learned that the rent on the restaurant will remain at $4,800 per month. Property taxes are going up to $800 per month, and property insurance will now cost $630 per month. If these three costs are the only components of the occupancy costs line item, what is the monthly budget for next year's occupancy costs line?
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