3 A company is formulating its marketing expense budget for the last quarter of the year. Sales in units for the third quarter amounted to 2,600; sales volume for the fourth quarter is expected to increase by 10%. Variable marketing expense per unit sold amounts to approximately $0.20 pald In cash in the month of sale. Fixed marketing expense per month amounts to $6,500 of salaries, $2,750 of depreciation (delivery trucks), and $1,300 of insurance (paid monthly). Required: a. What is the total budgeted marketing expense for the fourth quarter of the year? b. What is the estimated cash payment for marketing expense for the fourth quarter? b/4 points awarded Scored eBook $ a. Total budgeted marketing expense Estimated cash payment 31,650 23,400 $ Print b