Use the following information for questions Oskar Corp.reports operating expenses in two categories: (1)selling and (2)general and administrative.The adjusted trial balance at December 31, 2014, included the following expense accounts: One-half of the rented premises is occupied by the sales department.
-How much of the expenses listed above should be included in Oskar's selling expenses for 2014?
A)$260,000
B)$335,000
C)$340,000
D)$415,000 Reporting Financial Performance 4 - 21

Question

Use the following information for questions Oskar Corp.reports operating expenses in two categories: (1)selling and (2)general and administrative.The adjusted trial balance at December 31, 2014, included the following expense accounts:  One-half of the rented premises is occupied by the sales department.
-How much of the expenses listed above should be included in Oskar's selling expenses for 2014?
A)$260,000 
B)$335,000 
C)$340,000 
D)$415,000 Reporting Financial Performance 4 - 21

Quizplus · Accepted Answer

The correct amount for Oskar's selling expenses in 2014 is $335,000, as this figure likely includes all relevant costs associated with selling activities, excluding any non-selling related expenses.

Use the Following Information for Questions Oskar Corp