$17$

Walnut Company has forecast sales for the next three months as follows: July $4,800$ units, August $6,000$ units, and September $7,500$ units. Walnut's ending finished goods inventory policy is $45\%$ of the next month's sales. July $1$ inventory is projected to be $1,700$ units. Selling and administrative costs are budgeted to be $$16,000$ per month plus $$8$ per unit sold. What are the budgeted selling and administrative expenses for July?

$4$

points

$01$:$10$:$08$

Multiple Choice

$$46,400$

$$73,600$

$$54,400$

$$49,900$