Alexa Industries has the following amounts budgeted for selling and administrative expenses for February: What amount will Alexa report on its February pro-forma income statement for selling and administrative expenses?
A)$154,400
B)$169,200
C)$148,000
D)$156,000

Question

Alexa Industries has the following amounts budgeted for selling and administrative expenses for February:  What amount will Alexa report on its February pro-forma income statement for selling and administrative expenses?
A)$154,400 
B)$169,200 
C)$148,000 
D)$156,000

Quizplus · Accepted Answer

The budgeted selling and administrative expenses for February total to $169,200. Therefore, option B is the correct answer.

Alexa Industries Has the Following Amounts Budgeted for Selling and Administrative