Exercise 8-6 Selling and Administrative Expense Budget [LO8-7]

The budgeted unit sales of Weller Company for the upcoming fiscal year are provided below: The company's variable selling and administrative expense per unit is $2.90. Fixed selling and administrative expenses include advertising expenses of $15, 000 per quarter, executive salaries of $50, 000 per quarter, and depreciation of $29, 000 per quarter. In addition, the company will make insurance payments of $4, 000 in the first quarter and $4, 000 in the third quarter. Finally, property taxes of $9, 000 will be paid in the second quarter. Prepare the company's selling and administrative expense budget for the upcoming fiscal year. (Round "Variable cost" answers to 2 decimal places.)