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For March, Sales Revenue Is $1,000,000; Sales Commissions Are 5

Question 1

Multiple Choice

For March, sales revenue is $1,000,000; sales commissions are 5% of sales; the sales manager's salary is $80,000; advertising expenses are $75,000; shipping expenses total 1% of sales; and miscellaneous selling expenses are $2,100 plus 1% of sales. Total selling expenses for the month of March are:


A) $227,100
B) $215,000
C) $217,100
D) $152,100

Correct Answer:

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