8. Prepare a selling and administrative expenses budget for Sweats Galore for the year ending December 31, 2008. SWEATS GALORE Selling and Administrative Expenses Budget For the Year Ending December 31, 2008 Quarter 1 2 3 4 Year Variable expenses: Sales commissions Total variable expenses Fixed expenses: Advertising Rent Sales salaries Office salaries Depreciation Property taxes and insurance Total fixed expenses Total selling and administrative expenses