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Question - For February, sales revenue is $582,000, sales commissions are 7% of sales, the sales manager's salary is $94,800, advertising expenses are $82,600, shipping expenses total 1% of sale, and miscellaneous selling expenses are $2,800 plus 1/2 of 1% of sales. Determine the total selling expenses for the month of February?
a. $180,200
b. $220,940
c. $226,760
d. $229,670
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Plaza Co. bought 80% of the outstanding voting stock of Season Co. at book value several years ago. Determine Plaza income from Season
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