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4 January, 21:58

Zilly Co. predicts sales of $176,000 for June. Zilly pays a sales manager a monthly salary of $6,900 and a commission of 7% of that month's sales dollars. Prepare a selling expense budget for the month of June.

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  1. 5 January, 00:14
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    Preparation of selling expenses is below

    Explanation:

    The preparation of selling expense budget for the month of June is shown below:-

    Zilly Co.

    June

    Sales budgeted $176,000

    Commission of sales in percentage 7%

    Sales Commission $12,320

    Add: Monthly salary of sales manager $6,900

    June Selling expenses $19,220

    Note : - For computing the Monthly salary of sales manager we multiply Sales budgeted with commission of sales in percentage.
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