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9 May, 02:43

A merchandising company's budget includes the following data for January: Sales: $400,000; COGS: $270,000; Administrative salaries: $1,250; Sales commissions: 5% of sales; Advertising: $10,000; Salary for sales manager: $30,000; Miscellaneous administrative expenses: $5,000. The total selling expenses on the January selling expense budget will be

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  1. 9 May, 03:12
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    Answer: 60000

    Explanation:

    400,000 • 5% = 10,000 + 30,000 = 60000
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