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XYZ Company Expects to Sell 37,000 Units of Its Product

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XYZ Company expects to sell 37,000 units of its product in the coming year.Each unit sells for $45.Sales brochures and supplies for the year are expected to cost $7,000.Three sales representatives cover the Southeast region.Each one's base salary is $25,000,and each earns a sales commission of 5 percent of the selling price of the units he or she sells.The sales representatives supply their own transportation; they are reimbursed for travel at a rate of $0.40 per mile.The company estimates that the sales representatives will drive a total of 75,000 miles next year.From the information provided,calculate XYZ Company's budgeted selling expenses for the coming year.


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