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9. Grafton sells a product for $700. Unit sales for May were 400 and a 3% growth in unit sales is forecasted for each month.
9. Grafton sells a product for $700. Unit sales for May were 400 and a 3% growth in unit sales is forecasted for each month. Grafton pays a sales manager a monthly salary of $3,000 and a commission of 2% of sales in dollars.
Compute the projected selling expense to be reported on the selling expense budget for the manager for month ended July 30.
A. $5,941. B. $8,652. C. $8,768. D. $8,941. E. $11,652.
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