Flexible Budget for Selling and Administrative Expenses for a Service Company Digital Solutions Inc. uses flexible budgets that are based on the following data: Sales commissions Advertising expense Miscellaneous administrative expense Office salaries expense 6% of sales 16% of sales $8,000 per month plus 5% of sales $50,000 per month Customer support expenses Research and development expense $25,000 per month plus 33% of sales $79,000 per month This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below. X Open spreadsheet Prepare a flexible selling and administrative expenses budget for October for sales volumes of $500,000, $700,000, and $1,200,000. (Use Exhibit 4 as a model.) Enter all amounts as positive numbers. Digital Solutions Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending October 31 Total sales Variable cost: Total variable cost Fixed cost: Total fixed cost Total selling and administrative expenses $500,000 $700,000 $1,200,000