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Calculate the common size percent for selling expenses

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Question - An income statement data for Boston Company for 2015 and 2016 follow:

 

2015

2016

Net sales

$2,610,000

$1,936,000

Cost of goods sold

1,829,600

1,256,400

Selling expenses

396,800

350,000

Administrative expenses

234,800

198,400

Federal income taxes

57,600

54,000

Required - Calculate the common size percent for selling expenses in 2016.

Reference no: EM132440674

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