Flexible Budget for Selling and Administrative Expenses for a Service Company Cloud Productivity Inc. uses flexible budgets that are based on the following data: 14% of sales 18% of sales $7,000 per month plus 12% of sales $29,000 per month $12,000 per month plus 20% of sales $32,000 per month Sales commissions Advertising expense Miscellaneous administrative expense Office salaries expense Customer support expenses Research and development expense Prepare a flexible selling and administrative expenses budget for March for sales volumes of $400,000, s500,000, and $600,000. (Use Exhibit S as a model.) Cloud Productivity Inc Flexible Selling and Administrative Expenses Budget For the Month Ending March 31 Total salen Variable cost: $400000 $500000 $600000 Total variable cost Fioxed cost Total fixed cost Total selling and administrative expenses