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Current Attempt in Progress Lockwood Company combines its operating expenses for budget purposes in a selling and administrative expenses budget. For the first six rromths

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Current Attempt in Progress Lockwood Company combines its operating expenses for budget purposes in a selling and administrative expenses budget. For the first six rromths of 2020 , the following data are available: 1. Saies: 19,600 units in quarter 1:21.900 units inquarter 2 2. Variable costs per dollar of sales: sales commlssions s\%i delivery expense 2% and advertising 4% 3. Foxd costs per quarters sales salaries $9,200; office salaries $7,200; depreciation $4,500; insurance $1,600; utilities $800 : and repairs expense 5600 4. Unit selling price:\$19 Prepare a seliing and administrative expenses budget by quarters for the first six months of 2020

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