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Coronado Company classifies its selling and administrative expense budget into variable and fixed components. Variable expenses are expected to be $28,320 in the first quarter,

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Coronado Company classifies its selling and administrative expense budget into variable and fixed components. Variable expenses are expected to be $28,320 in the first quarter, and $4,720 increments are expected in the remaining quarters of 2022. Fixed expenses are expected to be $47,200 in each quarter. Prepare the selling and administrative expense budget by quarters and in total for 2022

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