Zhang Industries Sells a Product for $700

question 103

Multiple Choice

Zhang Industries sells a product for $700.Unit sales for May were 400 and each month's sales are expected to exceed the prior month's results by 3%.Zhang pays a sales manager a monthly salary of $3,000 and a commission of 2% of sales.Compute the projected selling expense to be reported on the selling expense budget for the manager for month ended June 30.

• A)$8,600.
• B)$11,652.
• C)$8,652.
• D)$5,768.
• E)$8,768.

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Definitions:

Social Facilitation

Social facilitation refers to the phenomenon where an individual's performance improves when performing tasks in the presence of others compared to when alone.

Pluralistic Ignorance

A psychological state in which the majority of group members privately reject a norm, but assume incorrectly that most others accept it, leading to a compliance with the norm.

Original Obedience Study

The Original Obedience Study refers to the series of experiments conducted by Stanley Milgram in the 1960s, which investigated the willingness of participants to obey authority figures even when asked to perform actions conflicting with their personal conscience.

Participants

Individuals who take part in a study, experiment, or any form of research activity.