19. How much is the total distribution (selling) costs? a. 48,000 b. 56,000 C. 64,000 d. 108,000 20. How much is the total administrative expenses? a. 24,000 b. 132,000 C. 226,000 d. 668,000 Use the following information for the next two questions:The records of Afternoon Sun Co. show the following information:Interest expenseCost of inventories soldP24,000600,000Insurance expenseAdvertising expenseFreight-outFreight-inLoss on sale of equipmentLegal and other professional feesRent expense (one-half occupied by sales department) 8,000Sales commission expenseDoubtful accounts expense100,00020,00010,0004,0002,00012,00014,00016,000

19. Particular Amount Advertising expenses $20,000 Freight - Out $10,000 Rent Expenses…

Answered: How much is the total distribution…

How much is the total distribution (selling) costs? a. 48,000 b. 56,000 C. 64,000 d. 108,000 20. How much is the total administrative expenses? a. 24,000 b. 132,000 C. 226,000 d. 668,000

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 14BEA: Last year, Nikkola Company had net sales of 2.299.500,000 and cost of goods sold of 1,755,000,000....

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