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
Thepotemich [5.8K]
3 years ago
15

For the month of June, Beeman Corp. estimated sales revenue at $600,000. Beeman pays sales commissions that are 4% of sales reve

nue. The sales manager's salary is $285,000. Additional estimated selling expenses that total 1% of sales revenue Miscellaneous selling expenses are $15,000. How much are budgeted selling expenses for the month of July, if Beeman estimates sales revenues to be $540,000
Business
1 answer:
sasho [114]3 years ago
4 0

Answer: $327000

Explanation:

The budgeted selling expenses for the month of July, if Beeman estimates sales revenues to be $540,000 will be:

Sales Commission = $540000 × 4% = $21600

Add: Sales Manager Salary = $285,000

Add: Additional Selling Expense = $540000 × 1% = $5,400

Add: Miscellaneous Selling Expense = $15,000

Therefore, Buedgeted Selling Expense = $327000

You might be interested in
Economists believe that an activity should be continued up to the point where
Goryan [66]
The marginal benefit from the activity is equal to the marginal cost
4 0
3 years ago
In doing "aggregate planning" for a firm producing paint, the aggregate planners would most likely deal with:
Gennadij [26K]

Answer:

The answer is option D) In doing "aggregate planning" for a firm producing paint, the aggregate planners would most likely deal with: all the different sizes and all the different colors by size.

Explanation:

Aggregate planning is concerned with forecasting the needs operational needs of an organization and making provisions for them ahead of time.

Aggregate planners develop, analyze, and draft an estimated schedule of the overall operations of an organization.

This estimated schedule contains targeted sales forecasts, production levels, inventory levels, and customer backlogs.

In doing "aggregate planning" for a firm producing paint, the aggregate planners would most likely deal with: all the different sizes and all the different colors by size.

The purpose of aggregate planning is to maximize the utilization of  equipment in order to increase productivity levels.

8 0
3 years ago
If mega corp. borrows $9,000 and agrees to pay the lender $10,500 in one year, the annual interest rate on this loan is approxim
kap26 [50]
In simple interest, the interest rate is
i=(10500-9000)/9000=16.67%

In compound interest, compounded monthly,
10500=9000(1+i/12)^12
=>
APR=12(10500/9000)^(1/12)-1
=11.155%
(effective interest is still 16.67%)
5 0
3 years ago
How is an online bank different from a retail bank? A. Online bank and retail bank refer to the same entity, so there is no diff
kramer

Answer:

B. An online bank has lower operating costs than a retail bank

8 0
3 years ago
Read 2 more answers
The Acmeville Metropolitan Bus Service currently charges $0.67 for an all-day ticket, and has an average of 513 riders a day. Th
Andreyy89

Answer:

Explanation:

Price elasticity = Percentage change in demand/Percentage change in Price

Percentage change in Q= 513-236=277/513x100 = 53.99%

Percentage change in P= 0.89-0.67= 0.22/0.67x100 = 32.83%

Ed=53.99/32.83 = 1.6

Since the price elasticity of demand is elastic so the company should decrease the price to increase revenu

4 0
3 years ago
Other questions:
  • RL Photography reported net income of $122,700 for 2014. Included in the income statement were depreciation expense of $7,730, p
    10·1 answer
  • Maria Alverez has received a paycheck for $250, which she wishes to cash at her bank. She will need to use a blank endorsement o
    5·1 answer
  • [preparing trial balance] I am suppose to be preparing a trial balance but base on the accounts and information I have, I have t
    11·1 answer
  • Elley's Baskets makes handmade baskets for distribution to upscale retail outlets. The firm is currently considering making hand
    15·1 answer
  • The predetermined overhead rate for Zane Company is $5, comprised of a variable overhead rate of $3 and a fixed rate of $2. The
    14·2 answers
  • You are considering investing $1,000 in a complete portfolio. The complete portfolio is composed of treasury bills that pay 5% a
    10·1 answer
  • Leigh has information on how many customers purchase bagels at her coffee shop. With the bagel sales numbers from the past four
    6·2 answers
  • In the balance sheet at the end of its first year of operations, Dinty Inc. reported an allowance for uncollectible accounts of
    6·1 answer
  • The investment most affected by local conditions is:
    13·1 answer
  • The 2018 balance sheet of Speith’s Golf Shop, Inc., showed long-term debt of $5 million, and the 2019 balance sheet showed long-
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!