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nata0808 [166]
3 years ago
5

Assume that the salespeople of Excellent Corp. are paid 3% of sales as commission. The level of sales is $290,000 for this month

, and the only fixed selling costs are $20,000. Excellent's budgeted selling costs for this month are:_____.a. $11,300. b. $38,700. c. $20,000. d. $28,700.
Business
1 answer:
GaryK [48]3 years ago
8 0

Answer:

d. $28,700.

Explanation:

The computation of the budgeted selling cost for the given month is shown below:

= Fixed selling cost + variable selling cost

= $20,000 + $290,000 × 3%

= $20,000 $+ $8,700

= $28,700

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Hence, the correct option is d. $28,700

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Short Term Inc. has issued zero-coupon bonds that mature in one year. The returns from holding these bonds have a beta of 0.25.
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Answer:

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In today's manufacturing environment, there is a growing philosophy that supports the deployment of smaller, less directly manag
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