Problem
For March, sales revenue is $1,000,000; sales commissions are 5% of sales; the sales manager's salary is $80,000; advertising expenses are $65,000; shipping expenses total 1% of sales; and miscellaneous selling expenses are $2,100 plus 1% of sales. What are total selling expenses for the month of March.
a. $217,100
b. $207,100
c. $205,000
d. $142,100