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Question: Refer to information in QS. In addition, sales commissions are 10% of sales and the company pays a sales manager a salary of $5,000 per month. Sales commissions and salaries are paid in the month incurred. Prepare a selling expense budget for January, February, and March.

QS: Shay, Inc., is preparing its master budget for the quarter ending March 31. It sells a single product for $25 per unit. Budgeted sales for the next four months follow. Prepare a sales budget for the months of January, February, and March.

                                   January              February            March             April

Sales in units . . . . . . . . 1,200                     1,000            1,600             1,400

Accounting Basics, Accounting

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