1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dafna1 [17]
3 years ago
10

For June, Gold Corp. estimated sales revenue at $400,000. It pays sales commissionsthat are 4% of sales. The sales manager's sal

ary is $190,000, estimated shippingexpenses total 1% of sales, and miscellaneous selling expenses are $10,000. How muchare budgeted selling expenses for the month of July if sales are expected to be$360,000?
Business
1 answer:
bogdanovich [222]3 years ago
8 0

Answer:

The budgeted selling expenses for the month of July is $220,000

Explanation:

The computation of the budgeted selling expenses are shown below:

= Sales commission + sales manager's salary +  shipping expenses +  miscellaneous selling expenses

where,

Sales commission = Sales × commission percentage

                              = $400,000 × 4%

                              = $16,000

Shipping expenses = Sales × expenses percentage

                                = $400,000 × 1%

                                = $4,000

The other expenses amount would remain the same

Now put these values to the above formula  

So, the value would equal to

= $16,000 + $190,000 + $4,000 + $10,000

= $220,000

You might be interested in
Intel achieved success by using the "Intel Inside" advertising campaign and logo that appears on many brands of PCs. This is an
Anarel [89]

Answer: product differentiation

Explanation:

From the question, we are informed that Intel achieved success by using the "Intel Inside" advertising campaign and logo that appears on many brands of PCs.

This is an example of a barrier to entry which is known as product differentiation. Poduct differentiation is when a company makes its product different from other similar products so that the product will be more attractive and unique from others.

7 0
3 years ago
It is said that there are a number of steps in designing an effective service system which include a) Establishing procedures to
MAXImum [283]

Answer is in a file below

cutt.us/tWGpn

5 0
3 years ago
A manager hires an agent to obtain a license to build a warehouse in an industrial district. The agent gets caught offering a br
Rus_ich [418]

Answer: The correct answer is D:)

6 0
3 years ago
Minimizing the risk is the most important principle in the television business. True, or False?
Sergio [31]
<span>Minimizing the risk is the most important principle in the television business. So True.

</span>
5 0
3 years ago
The accounting firm of johnson and johnson has decided to design a nonstatistical sample to examine the accounts receivable bala
Vlad [161]

The total projected misstatement of the firm is $92225 and it can be concluded that projected misstatement is more than the expected misstatement.

<h3>How to calculate the projected misstatement?</h3>

The total projected misstatement will be calculated thus:

= $3500 + ($15250/$910000 × 3000000) + (1550/70000 × 1750000

= $3500 + $50275 + $38750

= $92225

The projected misstatement is more than the expected misstatement. Therefore, there is an unacceptable risk that the true misstatement is more than the tolerable misstatement.

Learn more about firms on:

brainly.com/question/25491204

8 0
2 years ago
Other questions:
  • The main function of the Federal Reserve System is to a. clear checks from member banks. b. serve as the fiscal agent for the fe
    13·1 answer
  • Bramble Corp. purchased a delivery truck for $38,800 on January 1, 2019. The truck has an expected salvage value of $1,800, and
    11·1 answer
  • company has bonds outstanding with a par value of $110,000. The unamortized premium on these bonds is $2,585. If the company ret
    10·1 answer
  • Emma has ben promoted to a managerial position where she manages fifty employees in a division that has a history of low product
    8·1 answer
  • Enlightened carmakers have hired women designers, engineers, and marketing executives to better understand the way women decide
    6·1 answer
  • A Company just starting in business purchased three merchandise inventory items at the following prices. First purchase $80; Sec
    9·1 answer
  • East Coast Cleaners borrows $20,000 for 120 days and pays $400 interest. What is the effective rate of interest if the loan is d
    8·1 answer
  • An American clothing manufacturer has recently purchased a clothing factory in Taiwan. This action is known as ________.
    14·1 answer
  • A first step toward understanding organizational markets is recognizing the differences between industrial, reseller, and govern
    13·1 answer
  • Burrows, Inc. borrowed $100,000 from Last Bank by signing a formal agreement to repay the bank in 10 years. Burrows' journal ent
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!