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Indigo Company classifies its selling and administrative expenses budget into variable and fixed components. It expects variable expenses to be $23,400 in the first quarter,

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Indigo Company classifies its selling and administrative expenses budget into variable and fixed components. It expects variable expenses to be $23,400 in the first quarter, and expects $5,200 increments in the remaining quarters of 2022. It expects fixed expenses to be $43,400 in each quarter. Prepare the selling and administrative expenses budget by quarters for 2022

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