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Math Help - Accounting help please?

  1. #1
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    Accounting help please?

    For January, sales revenue is $700,000; sales commissions are 5% of sales; the sales manager's salary is $96,000; advertising expenses are $90,000; shipping expenses total 2% of sales; and miscellaneous selling
    expenses are $2,100 plus 1/2 of 1% of sales. Total selling expenses for the month of January are:
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  2. #2
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    Quote Originally Posted by Jluse7 View Post
    For January, sales revenue is $700,000;
    sales commissions are 5% of sales; [700000 * .05]
    the sales manager's salary is $96,000; [96,000]
    advertising expenses are $90,000; [90,000]
    shipping expenses total 2% of sales; [700000 * .02]
    miscellaneous expenses are $2,100 plus 1/2 of 1% of sales. [2100 + 700000 * .005]
    Total selling expenses for the month of January are: [total of above]
    Where were you having problems: seems quite straightforward...
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  3. #3
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    Okay and I got 240,600 is that correct?
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  4. #4
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    Quote Originally Posted by Wilmer View Post
    Where were you having problems: seems quite straightforward...
    First, answer my question.
    May we know what grade you're in? Makes it easier for us to help...
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  5. #5
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    Im a freshman in college and it works out to be the right answer
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  6. #6
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    I think thats the right answer but not sure
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