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MM Co. predicts sales of $53,000 for May. MM Co. pays a sales manager a monthly salary of $5,000 plus a commission of 8% of s

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(1) Budgeted sales = May's predicted sales * ( 1 + Increase in % ) = 53000 * ( 1 + 10% )

 $     58,300
2
Sales manager salary $       5,000
Commission ( 58300 * 8% ) $       4,664
Shipping costs ( 58300 * 5% ) $       2,915
Budgeted selling expenses $     12,579
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