FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If Goofy Company incurred sales salaries expense of $45,000, advertisement expense of $12,000, delivery expense of $5,000, and depreciation expense on office equipment of $1,000,

If Goofy Company incurred sales salaries expense of $45,000, advertisement expense of $12,000, delivery expense of $5,000, and depreciation expense on office equipment of $1,000, the total selling expense for Goofy Company is _____. a. $62,000 b. $63,000 c. $50,000 d. $57,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

Managerial Accounting An Introduction to Concepts Methods and Uses

Managerial Accounting An Introduction to Concepts Methods and Uses

Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil

10th Edition

1111822239, 324639767, 9781111822231, 978-0324639766

More Books

Students also viewed these Accounting questions

Question

If Goofy Company incurred sales salaries expense of $45,000, advertisement expense of $12,000, delivery expense of $5,000, and depreciation expense on office equipment of $1,000, the total selling...

Answered: 1 week ago

Question

Hi , I have done all the journals and entires in general ledgers as well as subsidiary (subsidairy is matching . problem is in unadjusted trial balance which is not matching please help where my...

Answered: 1 week ago

Question

Hi , I have done all the journals and entires in general ledgers as well as subsidiary (subsidairy is matching . problem is in unadjusted trial balance which is not matching please help where my...

Answered: 1 week ago

Question

A non reactive/conservative contaminant is dumped on the ground level and it leaches to the groundwater vertically and takes half day for reaching the groundwater by travelling through unsaturated...

Answered: 1 week ago

Question

★★★★★
For the function t whose graph is given, state the following. (a) lim x →∞ g(x) (b) lim x →-∞ g(x) (c) lim x →3 g(x) (d) lim x →-0 g(x) (c) lim x →-2+ g(x) (d)...

Answered: 1 week ago

Question

★★★★★
In 1996, NASA performed an experiment called the Tethered Satellite experiment. In this experiment a 2.0 104-m length of wire was let out by the space shuttle Atlantis to generate a motional emf....

Answered: 1 week ago

Question

★★★★★
What possible social and cultural problems can arise from the study of genes and behavior, specifically intelligence and genetics?

Answered: 1 week ago

Question

★★★★★
Mr. Soukup has prepared the following list of statements about service companies and merchandisers. 1. Measuring net income for a merchandiser is conceptually the same as for a service company. 2....

Answered: 1 week ago

Question

★★★★★
Problem 2-1A (Video) Lott Company uses a job order cost system and applies overhead to production on the basis of direct labor costs. On January 1, 2020, Job 50 was the only job in process. The costs...

Answered: 1 week ago

Question

★★★★★
Quicksort is a sorting algorithm that works as follows. Partition the array around some element x. Then, sort the left half recursively, sort the right half, and your array is now sorted! Use the...

Answered: 1 week ago

Question

★★★★★
11.7 A copper bar with a cross-sectional area of 1.5 in. is loaded as shown. What is the total change in length of the bar? Ec = 16 x 100 psi. Def=0.044 in 4 ft 10.000 lb 4000 lb - 8 ft PROB. 11.7

Answered: 1 week ago

Question

★★★★★
Divergent LTD is an investment company which owns a number of subsidiary companies. Each subsidiary produces a particular product or service. The subsidiary companies are grouped into three divisions...

Answered: 1 week ago

Question

★★★★★
A cylindrical casting of diameter 200 mm and height 100 mm is to be casted. From the previous observations it was found that to cast a shaft of 150 mm diameter and 500 mm length, the casting time is...

Answered: 1 week ago

Question

★★★★★
Illustrate a strategic timeline to obtain/maintain market penetration in 1 year. Illustrate a strategic timeline to increase production capacity in 3 years Illustrate a strategic timeline to market...

Answered: 1 week ago

Question

★★★★★
1 General triangles 1 General triangles 2 You are stuck in place P and there is a landmark (L) in your sight that is at an angle of 42 to a reference line as in the picture. You know that there is a...

Answered: 1 week ago

Question

★★★★★
Ken Industries has a bond outstanding with 15 years to maturity, an 8.25% nominal coupon, semiannual payments, and a $1,000 par value. The bond has a 6.50% nominal yield to maturity, but it can be...

Answered: 1 week ago

Question

★★★★★
Do the three planes x + 2x + x 3 = 4, X X 3 = 1, and x + 3x = 0 have at least one common point of intersection? Explain.

Answered: 1 week ago

Question

★★★★★
54. Branding. In June 2002, the Journal of Applied Psychology reported on a study that examined whether the content of TV shows influenced the ability of viewers to recall brand names of items...

Answered: 1 week ago

Question

★★★★★
56. Branding, part 2. In the study described in Exercise 54, the researchers also contacted the subjects again, 24 hours later, and asked them to recall the brands advertised. Results for the number...

Answered: 1 week ago

Question

★★★★★
58. Hybrid SUVs. The Chevy Tahoe Hybrid got a lot of attention in 2008. It is a relatively high-priced hybrid SUV that makes use of the latest technologies for fuel efficiency. One of the more...

Answered: 1 week ago

Previous Question Next Question