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Accounting

For March, sales revenue is $800,000; sales commissions are 4% of sales; the sales manager's salary is $80,000; advertising expenses are $75,000; shipping expenses total 1% of sales; and miscellaneous selling expenses are $2,100 plus 3/4 of 1% of sales. Total selling expenses for the month of March are:

a) $203,100

b) $187,550

c) $194,100

d) $192,100

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9401616

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