Howard, Inc. makes and sells umbrellas. The company is in the process of preparing its Selling and Administrative Expense Budget. The following budget data are available: Variable Cost Per Unit Sold Monthly Fixed Cost Sales commissions $0.60 $ 6,000 Shipping 1.20 Advertising 0.30 Executive salaries 40,000 Depreciation on office equipment 8,000 Other 0.35 28,000 Expenses are paid in the month incurred. If the company has budgeted to sell 8,000 umbrellas in May, how much is the total budgeted variable selling and administrative expenses for May? $16,800 $18,400 $101,600 $19,600