Question: Can you help with the following accounting exercise? Please, work in spreadsheet for better understanding. Thank you. EX 7-2 Flexible budget for selling and administrative

Can you help with the following accounting exercise?

Please, work in spreadsheet for better understanding. Thank you.

Can you help with the following accounting exercise? Please, work in spreadsheet

EX 7-2 Flexible budget for selling and administrative expenses for a service company Cloud Productivity Inc. uses flexible budgets that are based on the following data: Sales commissions 17% of sales Advertising expense 21% of sales Miscellaneous administrative expense $5,000 per month, plus 8% of sales Office salaries expense $25,000 per month Customer support expenses $10,000 per month plus 22% of sales Research and development expense $35,000 per month Prepare a flexible selling and administrative expenses budget for March for sales volumes of $600,000 $800,000, and $900,000

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