Brookes Inc. budgeted for fixed selling and administrative expenses below. The variable selling and administrative rate based on budgeted units is $11/hour.

• Please prepare the Selling and Administrative Expense Budget.

Fixed selling and administrative expenses based on units sold:
Advertising			$3,000
Executive Salaries			850
Q2 Insurance			100
Q3 Insurance			2,000
Q4 Property taxes			4,300
Depreciation			10,000
	Selling and Administrative Expense Budget
		Q1			Q2	Q3	Q4	Year
	Budgeted Sales	$200,000			$220,000	$240,000	$280,000	$940,000
	Variable selling & admins expense	$11			$11	$11	$11	$11
	Total budgeted variable selling & administrative expense
	Budgeted fixed selling & admin. expenses:
	Advertising
	Executive Salaries
	Insurance
	Property taxes
	Depreciation
	Total budgeted fixed selling & admin. expense
	Total budgeted selling & admin. expenses
	Less: Depreciation
	Cash disbursements for selling & administrative expenses

The beginning cash balance has been provided and equipment purchases and dividends has been provided.

• Please prepare the cash budget.