Flexible Budget for Selling and Administrative Expenses Fuller Enterprises uses flexible budgets that are based on the following data: Sales commissions 10% of sales Advertising expense 17% of sales Customer support expense $2,250 plus 4% of sales Office salaries expense $15,000 per month Miscellaneous administrative expense $2,100 plus 3% of sales Research and development expense $1,600 per month Prepare a flexible selling and administrative expenses budget for July for sales volumes of $100,000, $125,000, and $150,000. (Use Exhibit 5 as a model.) Enter all amounts as positive numbers. a Prepare a flexible selling and administrative expenses budget for July for sales volumes of $100,000, $125,000, and $150,000. (Use Exhibit 5 *s * model.) Enter all amounts as positive numbers. FULLER ENTERPRISES Flexible Selling and Administrative Expenses Budget For the Month Ending July 31 Total sales $100,000 $125,000 $150,000 Variable cost: Sales commissions 10.000 Advertising expense Customer support expense Miscellaneous administrative expense 12.500 15,000 17.000 21,250 25.500 4,00 X Total variable cost Fixed cost: Customer support expense Office salaries expense 15.000 15.000 15.000 Miscellaneous administrative expense 1.600 1.600 1.600 Research and development expense Total fixed cost Total selling and administrative expenses