For February, sales revenue is $552,000. Sales commissions are 4% of sales, the sales manager's salary is $86,400, advertising expenses are $87,400, and shipping expenses total 2% of sales. Miscellaneous selling expenses are $2,600 plus 0.5% of sales. Determine the total selling expenses for the month of February:a. $176,400 b. $212,280 c. $198,480 d. $209,520

Selling expense : Selling expense is the company's cost of selling, distributing, and marketing the…

For February, sales revenue is $552,000, sales commissions are 4% of sales, the sales manager's salary is $86,400, advertising expenses are $87,400, shipping expenses total 2% of sale, and miscellaneous selling expenses are $2,600 plus 1/2 of 1% of sales. Total selling expenses for the month of February are Oa. $176,400 Ob. $212,280 Oc. $198,480 Od. $209,520

For February, sales revenue is $552,000, sales commissions are 4% of sales, the sales manager's salary is $86,400, advertising expenses are $87,400, shipping expenses total 2% of sale, and miscellaneous selling expenses are $2,600 plus 1/2 of 1% of sales. Total selling expenses for the month of February are Oa. $176,400 Ob. $212,280 Oc. $198,480 Od. $209,520

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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