Reference no: EM132548969

Question - ABC Company has collected the following information for the month of July 2016.

Sales: Birr 200,000

Office salaries: Birr 7,000

Sales Commissions: 10% of sales

Office supplies: Birr 0.5% of sales

Advertizing expenses: Birr 5,000 + 2% of sales

Travel and entertainment - Administrative: Birr 4,000

Miscellaneous selling expenses: Birr 1,000 +1% of sales

Miscellaneous administrative expenses: Birr 1,750

Required - Compute total selling expenses, total administrative expenses, and total of selling and administrative expenses to be shown in selling and administrative expense budget.