Coil Corp.reports operating expenses in two categories: (1) selling and (2) general and administrative.The adjusted trial balance at December 31, 2011 included the following expense and loss accounts: One-half of the rented premises is occupied by the sales department.Coil's total selling expenses for 2011 are
A)$500,000.
B)$420,000.
C)$390,000.
D)$350,000.

Question

Coil Corp.reports operating expenses in two categories: (1) selling and (2) general and administrative.The adjusted trial balance at December 31, 2011 included the following expense and loss accounts:  One-half of the rented premises is occupied by the sales department.Coil's total selling expenses for 2011 are
A)$500,000. 
B)$420,000. 
C)$390,000. 
D)$350,000.

Quizplus · Accepted Answer

The Answer of Coil Corp.reports operating expenses in two categories: (1) selling and (2) general and administrative.The adjusted trial balance at December 31, 2011 included the following expense and loss accounts:  One-half of the rented premises is occupied by the sales department.Coil's total selling expenses for 2011 are
A)$500,000. 
B)$420,000. 
C)$390,000. 
D)$350,000.

Coil CorpReports Operating Expenses in Two Categories: (1) Selling and (2)