10.study guide For June, Coronado Industries estimated sales revenue at...

50.1K

Verified Solution

Question

Accounting

10.study guide
image
For June, Coronado Industries estimated sales revenue at $800000. It pays sales commissions that are 4% of sales. The sales manager's salary is $375000, estimated shipping expenses total 1% of sales, and miscellaneous selling expenses are $25000. How much are budgeted selling expenses for the month of July if sales are expected to be $740000? $37000 $62000 $440000 $437000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students