Webster Corporation's budgeted sales for February are $335,000. Webster pays sales representatives a commission of 7% of sales dollars. The company pays a sales manager a monthly salary of $5,400 and expects advertising expense of $3,000 per month. Compute the total selling expenses to be reported on the selling expense budget for the month of February.

$31,850.

$26,450.

$8,400.

$23,450.

$28,850.

Use the following information to determine the ending cash balance to be reported on the month ended June 30 cash budget.
a.	Beginning cash balance on June 1, $95,800.
b.	Cash receipts from sales, $422,000.
c.	Budgeted cash disbursements for purchases, $277,000.
d.	Budgeted cash disbursements for salaries, $96,800.
e.	Other budgeted cash expenses, $58,800.
f.	Cash repayment of bank loan, $33,800.
g.	Budgeted depreciation expense, $35,800.

$110,200.

$15,600.

$51,400.

$85,200.

$74,400.