Grafton Sells a Product for $700

Multiple Choice

Grafton sells a product for $700. Unit sales for May were 400 and a 3% growth in unit sales is forecasted for each month. Grafton pays a sales manager a monthly salary of $3,000 and a commission of 2% of sales in dollars. Compute the projected selling expense to be reported on the selling expense budget for the manager for month ended June 30.

A) $8,600.
B) $11,652.
C) $8,652.
D) $5,768.
E) $8,768.