Compute the total selling expenses for the month

Assignment Help Accounting Basics
Reference no: EM131799259

For January, sales revenue is $643,287; sales commissions are 7% of sales; the sales manager's salary is $81,734; advertising expenses are $92,093; shipping expenses total 1% of sales; and miscellaneous selling expenses are $2,101 plus 1/2 of 1% of sales. What are the total selling expenses for the month of January?

Reference no: EM131799259

Questions Cloud

Describe the national labor relations act : Your company , fruit canners, inc., has recently become aware that the United Food and commercial Workers Union is attempting to convince employees.
What number of shares should be used in computing earnings : What number of shares should be used in computing basic earnings per share for the year ended December 31, 2011
Develop two questions per competency selected for use : Develop 2 questions per competency selected for use when interviewing candidates. Your final list of questions for the position will contain 10 questions.
Increase in productivity associated with process improvement : A company has introduced a process improvement that reduces processing time for each unit, so that output is increased by 50% with less material.
Compute the total selling expenses for the month : miscellaneous selling expenses are $2,101 plus 1/2 of 1% of sales. What are the total selling expenses for the month of January
What is the maximum amount of income that capitech report : What is the maximum amount of income that Capitech should report from this investment for 2011
Describe the new initiative and why it is important : Describe the new initiative and why it is important. Draft three questions for your team designed to gain buy-in and support of this new initiative.
Find the excess of cash available over disbursements : The desired ending cash balance is $40,000. The excess (deficiency) of cash available over disbursements for June will be
Discuss the accounting merits use in sales basis : the circumstances in which it is properly used and discuss the accounting merits of its use in lieu of the sales basis

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd