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A is not correct Zelia, Inc. has prepared the operating budget for the first quarter of the year. The company forecast sales of $45,000 in

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Zelia, Inc. has prepared the operating budget for the first quarter of the year. The company forecast sales of $45,000 in January, $55,000 in February, and $65,000 in March. Variable and fixed expenses are as follows: Variable Expenses: Power cost (40% of sales) Miscellaneous expenses: (5% of sales) Fixed Expenses Salaries expense: $10,000 per month Rent expense: $4,000 per month Depreciation expense: $1,200 per month Power costfixed portion: $800 per month Miscellaneous expenses/fixed portion: $1,200 per month Using the information above, calculate the amount of budgeted selling and administrative expenses for the month of February A. $46,450 O B. $24,750 O C. $37,450 OD, $41.950

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