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Zhang Industries sells a product for $700. Unit sales for May were 400 and each month's sales are expected to exceed the prior month's results
Zhang Industries sells a product for $700. Unit sales for May were 400 and each month's sales are expected to exceed the prior month's results by 3%. Zhang pays a sales manger a monthly salary of $3,000 and a commission of 2% of sales. Compute the projected selling expense to be reported on the sales budget for month ended June 30.
A. 8,600
B. 11,652
C. 8,652
D. 5,768
E. 8,768
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