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Novak company classifies its selling and administrative expenses Budget into variable and fixed components. It expected variable expenses to be $25,500 in the first quarter

Novak company classifies its selling and administrative expenses Budget into variable and fixed components. It expected variable expenses to be $25,500 in the first quarter and expects $5,400 increments in the remaining quarters of 2022. It expected fixed expenses to be $40,900 in each quarter. Prepare the selling and administrative expenses Budget by quarters for 2022.

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