Flexible Budget for Selling and Administrative Expenses Fuller Enterprises uses flexible budgets that are based on the following data: Sales commissions 8% of sales Advertising expense 19% of sales Customer support expense $2,350 plus 3% of sales Office salaries expense $16,000 per month Miscellaneous administrative expense $2,500 plus 2% of sales Research and development expense $1,700 per month ) Prepare a flexible selling and administrative expenses budget for July for sales volumes of $105,000, $130,000, and $160,000. (Use Exhibit 5 as a model.) Enter all amounts as positive numbers. FULLER ENTERPRISES Flexible Selling and Administrative Expenses Budget For the Month Ending July 31 Total sales $105,000 $130,000 $160,000 Variable cost: EDGE lDDDB EDGE Total variable cost 10 Fixed cost: Total fixed cost Total selling and administrative expenses $