Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

For January, sales revenue is $2,000,000, sales commissions are 5% of sales, the sales manager's salary is $90,000, advertising expenses are $72,000, shipping expenses

For January, sales revenue is $2,000,000, sales commissions are 5% of sales, the sales manager's salary is $90,000, advertising expenses are $72,000, shipping expenses total 1% of sales, and miscellaneous selling expenses are $2,700 plus 1% of sales. Total selling expenses for the month of January are $156,800 $297,100 $304,700 $305,900

Step by Step Solution

3.48 Rating (161 Votes )

There are 3 Steps involved in it

Step: 1

34 Januay Revenue Po cor A Sales Larisons M Sabo Sab Nanagers Sl... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting Reporting and Analysis

Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach

2nd edition

9781305727557, 1285453824, 9781337116619, 130572755X, 978-1285453828

More Books

Students also viewed these Accounting questions

Question

what is meant by tourism and hospitality marketing;

Answered: 1 week ago

Question

What is job enlargement ?

Answered: 1 week ago

Question

what is the most common cause of preterm birth in twin pregnancies?

Answered: 1 week ago

Question

Which diagnostic test is most commonly used to confirm PROM?

Answered: 1 week ago

Question

What is the hallmark clinical feature of a molar pregnancy?

Answered: 1 week ago