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Sales for Box Company are expected to be $200,000 for the next month. The following budgeted expenses are expected next month: Rent Expense: $25,000 per
Sales for Box Company are expected to be $200,000 for the next month. The following budgeted expenses are expected next month:
Rent Expense: $25,000 per month
Depreciation Expense: $10,000 per month
Insurance Expense: $400 per month
Miscellaneous Expense: 10% of sales
Commissions Expense: 5% of sales
Salaries Expense: $28,000 per month
What is the expected total selling and administrative expenses for the next month?
Question 4 options:
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$93,400
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$89,400
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$96,400
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$102,400
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