The sales staff of Central Media (a locally owned radio and cable television station) consists of two salespeople, Derek and Lawanna. During March, the following salaries and commissions were paid:

 

 

	Derek	Lawanna
Salaries	$25,000	$30,000
Commissions	6,000	1,500

Derek spends 100% of his time selling advertising. Lawanna spends two-thirds of her time selling advertising and the remaining one-third on administrative work. Commissions are paid only on  sales.

Required:

1.       Accumulate these costs by account by filling in the following table:

Cost                               Salaries           Commissions

 

Derek Lawanna

Total

 

2.       Assign the costs of salaries and commissions to selling expense and administrative expense by filling in the following table:

 

Cost                                                   Selling Costs       Administrative  Costs

 

Derek’s salary Lawanna’s salary Derek’s commissions Lawanna’s commissions

Total

 

 

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