he fmes its operating expenses for budget purposes in a selling and administrative 0 veloped: expense budget. For the first quarter of 2019, the following data are deve 1. Sales: 20,000 units; unit selling price: S30 2. Variable costs per dollar of sales: Sales commissions Delivery expense Advertising 6% 2% 4% 3. Fixed costs per quarter: Sales salaries Office salaries Depreciation Insurance Utilities $24,000 19,000 6,000 2,000 1,000 Prepare a selling and administrative expense budget for the first quarter of 2019. Solution