Call Flexible budget for selling and administrative expenses for a service company Digital Solutions Inc. uses flexible budgets that are based on the following data: Sales commissions 7% of sales Advertising expense 14% of sales Miscellaneous administrative expense $8,000 per month plus 5% of sales office salaries expense $53,000 per month Customer support expenses $22,000 per month plus 27% of sales Research and development expense $78,000 per month This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below. 1 Open spreadsheet Julyen main.do?invokerStake AssignmentSessionLocator&inprogress-false eBook Show Me How Office 365 Calculator Prepare a flexible selling and administrative expenses budget for October for sales volumes of $500,000, $700,000, and $1,000,000. (Use Exhibit 5 as a model.) Enter all amounts as positive numbers. Digital Solutions Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending October 31 Total sales $500,000 $700,000 $1,000,000 Variable cost: Total variable cost Fixed cost: Total fixed cost Total selling and administrative expenses