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Perry Corp

Question 101

Multiple Choice

Perry Corp. reports operating expenses in two categories: (1) selling and (2) general and administrative. The adjusted trial balance at December 31, 2014, included the following expense accounts: Perry Corp. reports operating expenses in two categories: (1)  selling and (2)  general and administrative. The adjusted trial balance at December 31, 2014, included the following expense accounts:   One-half of the rented premises is occupied by the sales department.How much of the expenses listed above should be included in Perry's selling expenses for 2014? A)  $510,000. B)  $660,000. C)  $690,000. D)  $840,000. One-half of the rented premises is occupied by the sales department.How much of the expenses listed above should be included in Perry's selling expenses for 2014?


A) $510,000.
B) $660,000.
C) $690,000.
D) $840,000.

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