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his Question: 3 pts 13 of 49 (0 complete) ? This Test: 150 Pearl Inc has prepared the operating budget for the first quarter of

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his Question: 3 pts 13 of 49 (0 complete) ? This Test: 150 Pearl Inc has prepared the operating budget for the first quarter of the year. The company forecast sales of $40,000.00 in January 550,000.00 in February, and $60,000.00 in March. Variable and fixed selling and administrative expenses are as follows: Variable Expenses Power cost (20% of sales) Miscellaneous expenses (10% of sales) Fixed Expenses Salaries expense $10,000.00 per month Rent expense: $4,000.00 per month Depreciation expense: $1,000.00 per month Power cost/fixed portion: $800.00 per month Miscellaneous expenses/fixed portion: $1,000.00 per month Calculate total budgeted selling and administrative expenses for the month of January O A. $31,800.00 O B. $34,800.00 O C. $28,800.00 OD. $12,000.00

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