Bates & Hill Fabricators marketing department has identified the following monthly expenses that will be needed to support the companys sales and administrative functions. In addition to these monthly expesnes, the company will pay a commission to its salespeople equal to 8% of the sales revenue from each brick sold. The company expects bad debt expense to be 2% of sales revenue.

Depreciation $14,000

Sales staff salaries $27,000

Advertising $2,500

Executive Salaries $38,000

Miscellaneous $1,900

Prepare Bates & Hills selling and administrative expense budget for the first quarter of the coming year.