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Elbert Company classifies its selling and administrative expense budget into variable and fixed components. Variable expenses are expected to be $26,790 in the first quarter, and $5,490 increments are expected in the remaining quarters of 2020. Fixed expenses a expected to be $40,640 in each quarter. Prepare the selling and administrative expense budget by quarters and in total for 2020. pected to be $26,790 in the first quarter, and $5,490 increments are expected in the remaining quarters of 2020. Fixed expenses are pected to be $40.640 in each quarter. epare the selling and administrative expense budget by quarters and in total for 2020