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For February, sales revenue is $700,000; sales commissions are 5% of sales; the sales manager's salary is $96,000; advertising expenses are $90,000; shipping expenses total 2% of sales; and miscellaneous selling expenses are $2,500 plus 1/2 of 1% of sales. Total selling expenses for the month of February are

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  1. Today, 03:34
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    Total Selling Expenses for the month of February is $241,000

    Explanation:

    Sales Commissions ($700,000 of sales x 5%) = $35,000

    Sales Manager Salary = $96,000

    Advertising expenses = $90,000

    Shipping expenses = ($700,000 of sales x 2%) = 14,000

    Miscellaneous selling expenses = ($2,500 + $700,000 x 1% x 0.5) = $6,000

    Total Selling Expenses (Summation of all the calculated above working) = $241,000
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Home » Business » For February, sales revenue is $700,000; sales commissions are 5% of sales; the sales manager's salary is $96,000; advertising expenses are $90,000; shipping expenses total 2% of sales;
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