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
marshall27 [118]
2 years ago
9

For February, sales revenue is $900,000; sales commissions are 5% of sales; the sales manager's salary is $96,000; advertising e

xpenses are $80,000; shipping expenses total 2% of sales; and miscellaneous selling expenses are $2,100 plus 1/2 of 1% of sales. Total selling expenses for the month of February are a.$245,600. b.$241,100. c.$243,500. d.$227,600.
Business
1 answer:
FinnZ [79.3K]2 years ago
6 0

Answer:

Option  A

Total selling expenses for the month of February=$245,600

Explanation:

<em>The selling expenses include all the expenditure incurred in respect of activities revolving around the marketing and distribution of goods to the final consumer.</em>

<em>These expenditures may be fixed or variable in nature</em>

DATA

Sales revenue -  $900,000;

Sales commission - 5%×  900,000 =  45000

Sales manager salaries  -  96,000

Advertising expenses - 80,000

Shipping expenses - 2% × 900,000 = 18000

Miscellaneous selling expenses = 2100 + (1/2× 1%× 900,000) =6600

Total selling expenses for the month of February

= 45000 +  96,000 + 80,000+ 18000 + 6600  = $245,600

Total selling expenses for the month of February=$245,600

You might be interested in
The Self-development stage of the extratropical cyclone model occurs when _________. upper level divergence moves over a station
weqwewe [10]

Answer: cold and warm air masses interact in an unstable environment.

Explanation: Extratropical cyclones, sometimes called mid-latitude cyclones or wave cyclones, are low-pressure areas which, along with the anticyclones of high-pressure areas, drive the weather over much of the Earth. Extratropical cyclones are capable of producing anything from cloudiness and mild showers to heavy gales, thunderstorms, blizzards, and tornadoes. These types of cyclones are defined as large scale (synoptic) low pressure weather systems that occur in the middle latitudes of the Earth. In contrast with tropical cyclones, extratropical cyclones produce rapid changes in temperature and dew point along broad lines, called weather fronts, about the center of the cyclone .According to the polar-front theory, extratropical cyclones develop when a wave forms on a frontal surface separating a warm air mass from a cold air mass. As the amplitude of the wave increases, the pressure at the centre of disturbance falls, eventually intensifying to the point at which a cyclonic circulation begins. The decay of such a system results when the cold air from the north in the Northern Hemisphere, or from the south in the Southern Hemisphere, on the western side of such a cyclone sweeps under all of the warm tropical air of the system so that the entire cyclone is composed of the cold air mass. This action is known as occlusion.Extratropical cyclones arise through a process called cyclogenesis, in which cold and warm air masses interact in an unstable environment.

5 0
3 years ago
Read 2 more answers
Money is: the gold and silver behind the currency and the coins that are issued by the government. only the printed paper curren
ehidna [41]

Answer:

anything that both buyers and sellers will accept in exchange for goods and services

Explanation:

Money is anything that is accepted as payment for goods or services or as repayment of debt. According to economists, money refers to something beyond just paper bills and coins. It is a medium of exchange , unit of account  and store of value. Money can be used to transport purchasing power from one time period to another.

4 0
3 years ago
Country Farm Supply applies for a business loan from Farmers Credit Co-Op. Country Farm Supply owes McGregor money under another
Aliun [14]

Answer: must be in writing because it benefits McGregor.

Explanation:

From the question, we are told that Country Farm Supply applies for a business loan from Farmers Credit Co-Op. We are also aware that Country Farm Supply owes McGregor money under another business deal, and that McGregor wants to help Country Farm Supply get the loan so that it will be able to stay in business to pay him back, McGregor promises Farmer's Credit Co-Op that he will repay the loan if Country Farm Supply does not.

Therefore to be enforceable, McGregor's promise must be in writing because it benefits him. The the deal is between Farmer's Credit Co-Op and McGregor, hence, the promise must be in writing because this will make it valid and also applicable for future purpose in case McGregor isn't able to repay the loan he took .

4 0
3 years ago
The name preferred stock is in reference to the fact that:_____.
Sliva [168]

Answer: d. preferred dividends must be paid in full before any common stock dividends can be paid.

Explanation:

Preferred stocks will see their dividends paid before those of common shares. Indeed if the company was to liquidated, preferred shareholders get preference over common shareholders.

Preferred dividends have preference over common dividends and so their name reflects this by being called ''preferred'' shares. Some classes of preferred shares such as cumulative shares have an even greater amount of preference as their dividends will always be paid even if it takes years to do so.

8 0
2 years ago
In the short​ run, the equilibrium market price and market output are determined by​ _______.
OleMash [197]
<span>Short-run market supply and market demand determine the market price and output.

Hope this helps!
</span>
5 0
3 years ago
Other questions:
  • According to keynesianism, as more items are being made, what happens to prices?
    5·2 answers
  • Which of the following is considered a need
    14·2 answers
  • Agnessa let the management of Acme Global know that she will retire next year. Agnessa job requires specialized skills. Rather t
    11·1 answer
  • Using a change in supply and/or demand, explain the following phenomena: a. All else constant, gasoline prices are higher in sum
    11·1 answer
  • Viable strategic options companies should consider in tailoring their strategy to fit circumstances of emerging country markets
    5·1 answer
  • Flagg records adjusting entries at its December 31 year-end. At December 31, employees had earned $12,000 of unpaid and unrecord
    11·1 answer
  • A publisher faces the following demand schedule for the next novel from one of its popular authors:
    13·1 answer
  • Two different methods of solving a produc­tion problem are under consideration. Both methods are expected to be obsolete in six
    14·1 answer
  • When inventory declines in value below original (historical) cost, and this decline is considered other than temporary, what is
    7·1 answer
  • You have set up an appointment for an in-home sales presentation with mrs. Fernandez, who expressed interest in the medicare pla
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!