Use the information below for Flushing Company to answer the question that follow. Below is...
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Accounting
Use the information below for Flushing Company to answer the question that follow.
Below is budgeted production and sales information for Flushing Company for the month of December.
Product XXX
Product ZZZ
Estimated beginning inventory
29,400 units
18,500 units
Desired ending inventory
36,500 units
14,900 units
Region I, anticipated sales
318,000 units
271,000 units
Region II, anticipated sales
180,000 units
145,000 units
The unit selling price for product XXX is $4 and for product ZZZ is $14. Budgeted sales for the month are
a.$8,636,000
b.$3,656,000
c.$12,796,000
d.$7,816,000
For February, sales revenue is $595,000, sales commissions are 4% of sales, the sales manager's salary is $93,400, advertising expenses are $83,500, shipping expenses total 2% of sales, and miscellaneous selling expenses are $2,100 plus of 1% of sales. Total selling expenses for the month of February are
a.$217,675
b.$214,700
c.$179,000
d.$202,800
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