Flexible Budget for Selling and Administrative Expenses Agent Blaze uses flexible budgets that are based on the following data: Sales commissions Advertising expense Miscellaneous selling expense Office salaries expense Office supplies expense Miscellaneous administrative expense Prepare a flexible selling and administrative expenses budget for January 2016, for sales volumes of $115,000 $145,000, and $175,000. (Use Exhibit 5 as a model.) Enter al amounts as positive numbers 5% of sales 17% of sales $2,600 plus 4% of sales $17,000 per month 5% of sales $1,850 per month plus 3% of sales Agent Blaze Flexible Selling and Administrative Expenses Budget For the Month Ending January 31, 2016 Total sales Variable cost: $115,000 $145,000 $175,000 Sales commissions Advertising expense Miscellaneous selling expense Office supplies expense Miscellaneous administrative expense Total variable cost Fixed cost: Miscellaneous selling expense Office salaries expense Miscellaneous administrative expense Total fixed cost Total selling and administrative expenses