Asked by
Sebastian Sibrian
on Dec 16, 2024Verified
For June Gold Corp. estimated sales revenue at $600000. It pays sales commissions that are 4% of sales. The sales manager's salary is $285000 estimated shipping expenses total 1% of sales and miscellaneous selling expenses are $15000. How much are budgeted selling expenses for the month of July if sales are expected to be $540000?
A) $42000
B) $327000
C) $27000
D) $330000
Budgeted Selling
The projected or planned selling expenses over a specific period, often used in financial planning.
Sales Revenue
The primary source of revenue in a merchandising company.
Selling Expenses
Costs incurred directly in the selling of goods or services, such as commissions and advertising.
- Recognize the distinction between expenses that are within and beyond control.
Verified Answer
FR
Learning Objectives
- Recognize the distinction between expenses that are within and beyond control.
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