Exercise 4 of 6:-(2-minutes) A company manufactures shingles. Its budgeted manufacturing costs for 50,000-squares of shingles are: Fixed manufacturing costs $12,000 Variable manufacturing costs $16.00 per square The company produced 40,000 squares of shingles during March. How much are budgeted total manufacturing costs in March? Answer.: 1 Exercise 5 of 6: (2 minutes) For June, a company estimated sales revenue at $600,000. It pays sales commissions that are 4% of sales. The sales manager's salary is $285,000, estimated shipping expenses total 1% of sales, and miscellaneous selling expenses are $15,000. How much are budgeted selling expenses for the month of July if sales are expected to be $540,000? Answer: