Once an ethics statement is written, it should never be revised

Scotch, Inc has prepared the operating budget for the first quarter of the year

The company forecast sales of $50,000 in January, $60,000 in February, and $70,000 in March. Variable and fixed expenses are as follows: Variable Expenses: Power cost (20% of sales) Miscellaneous expenses: (5% of sales) Fixed Expenses: Salaries expense: $8,000 per month Rent expense: $5,000 per month Depreciation expense: $1,400 per month Power cost/fixed portion: $500 per month Miscellaneous expenses/fixed portion: $1,000 per month Using the information above, calculate the amount of selling and administrative expenses for the month of February. A) $28,400 B) $33,400 C) $15,000 D) $30,900

Any geographical unit with identifiable boundaries can be used in area sampling.

a. true b. false