For February, sales revenue is $621,000, sales commissions are 6% of sales, the sales manager's salary is $82,900, advertising expenses are $87,900, shipping expenses total 4% of sale, and miscellaneous selling expenses are $2,800 plus 1/2 of 1% of sales. Total selling expenses for the month of February are
a.$238,805
b.$235,700
c.$210,860
d.$173,600
Correct answer------------a.$238,805
Working
Calculation | ||
Sales revenue | $ 621,000.00 | |
sales commissions | $ 37,260.00 | (621000 x 6%) |
sales manager's salary | $ 82,900.00 | |
advertising expenses | $ 87,900.00 | |
shipping expenses | $ 24,840.00 | (621000 x 4%) |
miscellaneous selling expenses | $ 5,905.00 | (621000 x 0.5%)+2800 |
Total selling expenses | $ 238,805.00 |
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