Bonita Industries makes and sells umbrellas. The company is in the process of preparing its Selling and Administrative Expense Budget for the last half of the year. The following budget data are available: Expenses are paid in the month incurred. If the company has budgeted sales of 6000 umbrellas in October, what is the total budgeted variable selling and administrative expenses for October? $12000$90100$21300$14700 How does a merchandise purchases budget differ from a production budget? A merchandise purchases budget is made on goods to be sold, whereas a production budget is based on goods to be purchased. A merchandise purchases budget is based on indirect materials, whereas a production budget is based on direct materials. A merchandise purchases budget is based on goods to be sold, whereas a production budget is based on goods to be made. A merchandise purchases budget is based on goods to be purchased, whereas a production budget is based on goods to be made