For February, sales revenue is $555,000; sales commissions are 6% of sales; the sales manager's salary is $85,400; advertising expenses are $90,500; shipping expenses total 1% of sales; and miscellaneous selling expenses are $2,400 plus 1/2 of 1% of sales. Total selling expenses for the month of February are a.$219,925 b.$211,600 c.$178,300 d.$217,150
For February, sales revenue is $555,000; sales commissions are 6% of sales; the sales manager's salary is $85,400; advertising expenses are $90,500; shipping expenses total 1% of sales; and miscellaneous selling expenses are $2,400 plus 1/2 of 1% of sales. Total selling expenses for the month of February are a.$219,925 b.$211,600 c.$178,300 d.$217,150
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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For February, sales revenue is $555,000; sales commissions are 6% of sales; the sales manager's salary is $85,400; advertising expenses are $90,500; shipping expenses total 1% of sales; and miscellaneous selling expenses are $2,400 plus 1/2 of 1% of sales. Total selling expenses for the month of February are
a.$219,925
b.$211,600
c.$178,300
d.$217,150
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