For February, sales revenue is $613,000, sales commissions are 4% of sales, the sales manager's salary is $ 83,600, advertising expenses are $92, 900, shipping expenses total 4% of sale, and miscellaneous selling expenses are $2,000 plus 1/2 of 1% of sales. Total selling expenses for the month of February are a. $ 230, 605 b. $227, 540 c. $178, 500 d. $203, 020

For February, sales revenue is $613,000, sales commissions are 4% of sales, the sales manager's salary is $ 83,600, advertising expenses are $92, 900, shipping expenses total 4% of sale, and miscellaneous selling expenses are $2,000 plus 1/2 of 1% of sales. Total selling expenses for the month of February are a. $ 230, 605 b. $227, 540 c. $178, 500 d. $203, 020

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 9PB: Amusement tickets estimated sales are: What are the balances in accounts receivable for April, May,...

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Amusement tickets estimated sales are: What are the balances in accounts receivable for April, May, and June if 60% of sales are collected in the month of sale, 30% are collected the month after the sale, and 10% are collected the second month after the sale?
For February, sales revenue is $610,000, sales commissions are 7% of sales, the sales manager's salary is $91,600, advertising expenses are $92,700, shipping expenses total 3% of sale, and miscellaneous selling expenses are $2,200 plus 1/2 of 1% of sales. Total selling expenses for the month of February are a.$247,500 b.$250,550 c.$186,500 d.$229,200
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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
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
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