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Question 11 (3 points) Use the following figures in the Profit & Loss Statement to find Direct Expenses and Indirect Expenses. Customer Returns 9% Gross

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Question 11 (3 points) Use the following figures in the Profit & Loss Statement to find Direct Expenses and Indirect Expenses. Customer Returns 9% Gross Sales $516,000 Salaries (selling/buyers) $49,700 Promotions (departmental) $20,600 Cost of Merchandise Sold $249,000 Rent $51,000 Maintenance $10,800 Insurance $18,500 Buyer's Travel $8,100 Advertising (departmental) $39,500 Direct $89,200; Indirect $69,500 Direct $70,300; Indirect $69,500 Direct $60,100; Indirect $61,800 Direct $117,900; Indirect $80,300

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