Use the Following Information for the Following Questions One-Half of the Rented Premises Is Occupied by the Sales

question 124

Multiple Choice

Use the following information for the following questions. reports operating expenses in two categories: (1) selling and (2) general and administrative. The adjusted trial balance at December 31, 2020, included the following expense accounts:
$\begin{array}{llcc} \text { Accounting and legal fees......................... } & \$120,000 \\ \text {Advertising............................................... } &150,000\\ \text { Freight-out............................................... } &75,000\\ \text { Interest.................................................... } &60,000\\ \text { Loss on sale of long-term investments......... } &30,000\\ \text {Officers' salaries.......................................... } &180,000\\ \text { Rent for office space................................... } &160,000\\ \text { Sales salaries and commissions................... } &110,000\\ \text { } &\\\end{array}$
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 2020?

• A) $260,000
• B) $335,000
• C) $340,000
• D) $415,000

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Definitions:

Campaign Speeches

Public addresses or discourses given by politicians or candidates for office as part of their efforts to persuade voters to support them in an election.

Flyers Mailed

Marketing material sent through postal mail to target consumers in an attempt to advertise products or services.

Votes

Expressions of choice or preference made by individuals or groups in a decision-making process, typically within an electoral context.

Making Speeches

Making speeches involves delivering oral presentations to an audience, aiming to inform, persuade, or entertain through spoken communication.