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For June, Gold Corp. estimated sales revenue at $600,000. It pays sales commissions that are 6% of sales. The sales managers salary is $315,000, estimated

For June, Gold Corp. estimated sales revenue at $600,000. It pays sales commissions that are 6% of sales. The sales managers salary is $315,000, estimated shipping expenses total 1% of sales, and miscellaneous selling expenses are $20,000. How much are budgeted selling expenses for the month of July if sales are expected to be $700,000?

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$49,000

$384,000

$377,000

$327,000

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