For January, Sales Revenue Is $700,000; Sales Commissions Are 5

Multiple Choice

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:

A) $157,100
B) $240,600
C) $183,750
D) $182,100