Question

For February, sales revenue is $621,000, sales commissions are 6% of sales, the sales manager's salary...

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

Homework Answers

Answer #1

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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