21.

Zhang Industries sells a product for $710. Unit sales for May were 500 and each month's sales are expected to exceed the prior month's results by 2%. Zhang pays a sales manager a monthly salary of $3,100 and a commission of 1% of sales. Compute the projected selling expense to be reported on the selling expense budget for the manager for month ended June 30.

23.

Webster Corporation is preparing its cash budget for April. The March 31 cash balance is $36,800. Cash receipts are expected to be $645,000 and cash payments for purchases are expected to be $612,500. Other cash expenses expected are $27,400 selling and $33,900 general and administrative. The company desires a minimum cash balance at the end of each month of $34,000. If necessary, the company borrows enough cash to meet the minimum using a short-term note. Webster's preliminary cash balance before loan activity for April is expected to be: