Flexible Budget for Selling and Administrative Expenses

Agent Blaze uses flexible budgets that are based on the following data:

Sales commissions	6% of sales
Advertising expense	20% of sales
Miscellaneous selling expense	$2,500 plus 2% of sales
Office salaries expense	$17,000 per month
Office supplies expense	3% of sales
Miscellaneous administrative expense	$1,750 per month plus 1% of sales

Prepare a flexible selling and administrative expenses budget for January 2014, for sales volumes of $110,000, $140,000, and $165,000. (Use Exhibit 5 as a model.) Enter all amounts as positive numbers.