Kunsan Industries combines its operating expenses for budget purposes in a selling

and administrative expense budget. For the first $6$ months of $2024,$ the following data are

available.

$1.$ Sales: $20,000$ units quarter $1$; $22,000$ units quarter $2.$

$2.$ Variable costs of sales: sales commission $5\%,$ delivery expense $2\%,$ and advertising

$3\%.$

$3.$ Fixed costs per quarter: sales salaries $$12,000,000$ office salaries $$8,000,000$

depreciation $$4,200,000$ insurance $$1,500,000$ utilities $$800,000$ and repair expense

$$500,000.$

$4.$ Unit selling price: $$20,000$

Instructions

Prepare a selling and administrative expense budget by quarter for the first $6$ months of $2024$