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 Advertising expense Miscellaneous administrative expense Office salaries expense Customer support expenses 14% of sales 18% of sales $8,500 per month plus 12% of sales $30,000 per month $13,000 per month plus 20% of sales Research and development expense $32,000 per month Prepare a flexible selling and administrative expenses budget for March for sales volumes of $400,000, $500,000, and $600,000, (Use Exhibit 5 as a model.). Cloud Productivity Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending March 31 $400000 $500000 $600000 Total sales Variable cost: Sales commissions Advertising expense Miscellaneous administrative expense. Customer support expenses Total variable cost Fixed cost: Miscellaneous administrative expense Office salaries expense Customer support expenses Research and development expense Total fixed cost Total selling and administrative expenses 000000 000 000000 QOQ QOQQ