MM Co. predicts sales of $53,000 for May. MM Co. pays a sales manager a monthly salary of $5,000 plus a commission of 8% of sales dollars. MM's production manager recently found a way to reduce the amount of packaging MM uses. As a result, MM's product will receive better placement on store shelves and thus May sales are predicted to increase by 10%. In addition, MM's shipping costs are predicted to decrease from 6% of sales to 5% of sales. Compute (1) budgeted sales and (2) budgeted selling expenses for May assuming MM switches to this more sustainable packaging. Budgeted sales |(1) |(2) Budgeted selling expenses