Murphy Company produces and sells only one product, heavy-duty cargo carriers for trucks. The company is preparing its Selling and Administrative Budget for the month. The following information has been provided to assist in the budgeting process Variable Month Cost Per Fixed Unit Sold Cost $.50 $5 $1.25 Sales Commissions Shipping Advertising Executive Salaries Depreciation on Office Equipment Other $10,000 $150,000 $10,000 $0.30 $15,000 All of these expenses except depreciation are paid in the month they are incurred. Required: If Murphy has budgeted to sell 5,000 units during July, prepare the Selling and Administrative Budget for July