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For June, Concord Corporation estimated sales revenue at $700000. It pays sales commissions that are 4% of sales. The sales manager's salary is $325000, estimated

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For June, Concord Corporation estimated sales revenue at $700000. It pays sales commissions that are 4% of sales. The sales manager's salary is $325000, estimated shipping expenses total 1% of sales, and miscellaneous selling expenses are $20000. How much are budgeted selling expenses for the month of July if sales are expected to be $640000 ? $52000$32000$377000$380000

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