Budgeted unit sales 16000 12000 16000 11000 Wabblie plans to sell its product for $12 each. In the 4th Quarter, the company will increase its selling price by $1 each The company's variable selling and administrative expense per unit is $3. Fixed selling and administrative expenses include advertising expenses of $8000 per quarter, and depreciation of $17000 per quarter. Executive salaries are $35000 for the first 2 quarters and $40000 for the last 2 quarters of the year In addition, the company makes insurance payments of $4500 in the first quarter and $4500 in the third quarter. Required: 1. Calculate the Sales Budget for the last quarter (4th quarter): 4th quarter Quarter Sales Budget Amount 2. Calculate the Variable Selling & Administrative Expense Budget for the 1st quarter of the year. 1st quarter Quarter Variable Expense Budget 3. Calculate the Fixed Selling & Administrative Expense Budget for each quarter Quarter 1st quarter 2nd quarter 3rd quarter Fixed Expense Budget $ $ 4th quarter 4. What amount would Wabblie need to deduct for each Quarter from its Selling & Administrative Expense Budget to calculate the Cash Budget amount