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Exercise 20-1 Sustainability and selling expense budget LO P1 MM Co. predicts sales of $40,000 for May. MM Co. pays a sales manager a monthly

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Exercise 20-1 Sustainability and selling expense budget LO P1 MM Co. predicts sales of $40,000 for May. MM Co. pays a sales manager a monthly salary of $4.000 plus a commission of 6% of sales dollars. MM's production manager recently found a way to reduce the amount of packaging MM uses. As a result, MM's product will receive better placement on store shelves and thus May sales are predicted to increase by 8%. In addition, MM's shipping costs are predicted to decrease from 4% of sales to 3% of sales Compute() budgeted sales and (2) budgeted selling expenses for May assuming MM switches to this more sustainable packaging. (11 12) Budgeted sales Budgeted selling oxpenses

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