Agent Blaze uses flexible budgets that are based on the following data:

Sales commissions 5% of sales

Advertising expense 18% of sales

Miscellaneous selling expense $2,600 plus 2% of sales

Office salaries expense $17,000 per month

Office supplies expense 3% of sales

Miscellaneous administrative expense $1,850 per month plus 1% of sales

Prepare a flexible selling and administrative expenses budget for January 2016, for sales volumes of $115,000, $145,000, and $175,000. (Use Exhibit 5 as a model.) Enter all amounts as positive numbers.

Agent Blaze

Flexible Selling and Administrative Expenses Budget

For the Month Ending January 31, 2016

Total sales $115,000 $145,000 $175,000

Variable cost:

Sales commissions $

$

$

Advertising expense

Miscellaneous selling expense

Office supplies expense

Miscellaneous administrative expense

Total variable cost $

$

$

Fixed cost:

Miscellaneous selling expense $

$

$

Office salaries expense

Miscellaneous administrative expense

Total fixed cost $

$

$

Total selling and administrative expenses $

$

$