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| Teaching Since: | May 2017 |
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| Questions Answered: | 66690 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Julia's Candy Co. reports the following information from its sales account and sales budget:
| Sales | May | $106,000 |
| June | 94,000 | |
| Expected Sales: | July | $91,000 |
| August | 111,000 | |
| September | 121,000 |
Cash sales are normally 30% of total sales and all credit sales are expected to be collected in the month following the date of sale.
If Julia's pays sales commission of 11% each month, in addition to fixed costs of $4,100, calculate the selling expenses for the third quarter.
| $35,530 | |
| $39,630 | |
| $43,730 | |
| $47,830 | |
| $51,930 |
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