For February, sales revenue is $596,000, sales commissions are 7% of sales, the sales manager's salary is $88,800, advertising expenses are $83,900, shipping expenses total 3% of sale, and miscellaneous selling expenses are $2,300 plus 1/2 of 1% of sales. Total selling expenses for the month of February are a. $216,720 b. $234,600 C. $237,580 d. $175,000

For February, sales revenue is $596,000, sales commissions are 7% of sales, the sales manager's salary is $88,800, advertising expenses are $83,900, shipping expenses total 3% of sale, and miscellaneous selling expenses are $2,300 plus 1/2 of 1% of sales. Total selling expenses for the month of February are a. $216,720 b. $234,600 C. $237,580 d. $175,000

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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