EX 21-2 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 ......................................... 12% of sales

Advertising expense........................................16% of sales

Miscellaneous administrative expense .......................$5,000 per month plus 12% of sales

Office salaries expense ..................................... $25,000 per month

Customer support expenses................................. $11,000 per month plus 20% of sales

Research and development expense......................... $35,000 per month

Prepare a flexible selling and administrative expenses budget for March for sales volumes of $300,000, $400,000, and $500,000. The budget scheduleshouldpresent the variable expenses in the upper part of the schedule and the fixed expenses in the lower part, and the sum of both.