Property that can be depreciated for income tax purposes is called

A matrix organization can be described as a(n) ____ structure superimposed on a ____ structure.

a. project; functional b. product; territorial c. process; product d. informal; formal

For June, Gold Corp. estimated sales revenue at $600,000. It pays sales commissions that are 4% of sales. The sales manager's salary is $285,000, estimated shipping expenses total 1% of sales, and miscellaneous selling expenses are $15,000. How much are budgeted selling expenses for the month of July if sales are expected to be $540,000?

a) $327,000 b) $27,000 c) $42,000 d) $330,000