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The following information is from ABC Companys operating expense budget analysis: Fixed selling and administrative expenses $25,000 per month Variable selling expenses 8% of sales
The following information is from ABC Companys operating expense budget analysis:
Fixed selling and administrative expenses | $25,000 per month |
---|---|
Variable selling expenses | 8% of sales revenue |
If sales revenue for the coming year is budgeted to be $2,000,000, ABCs operating expense budget for the coming year will be:
Multiple Choice
A) $160,000.
B) $185,000.
C) $460,000.
D) $550,000.
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