10.study guide

For June, Coronado Industries estimated sales revenue at $800000. It pays sales commissions that are 4% of sales. The sales manager's salary is $375000, estimated shipping expenses total 1% of sales, and miscellaneous selling expenses are $25000. How much are budgeted selling expenses for the month of July if sales are expected to be $740000? $37000 $62000 $440000 $437000