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2) Oriole Companys budgeted sales for April were estimated at $705,000, sales commissions at 4% of sales, and the sales manager's salary at $85,000. Shipping
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Oriole Companys budgeted sales for April were estimated at $705,000, sales commissions at 4% of sales, and the sales manager's salary at $85,000. Shipping expenses were estimated at 1% of sales and miscellaneous selling expenses were estimated at $1,500, plus 0.5% of sales. Determine the budgeted selling expenses on a flexible budget for April.
Budgeted Selling Expenses |
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