Case (11) From the following data; Oct Nov Sales commissions $ 20,000 55,000 Freight-out. Cost 5,000 4,500 Advertising 10,000 12,000 Sales salaries 15,000 15,000 Office salaries 25,000 25,000 Insurance 5,000 5,000 Depreciation 10,000 12,000 Required: Prepare the Operating Expenses Budget Dec 60,000 4,600 15,000 15,000 25,000 10,000 8,000