o: Pearl, Inc. has prepared the operating budget for the first quarter of the year. The company forecast sales of $40,000 in January, $50,000 in February, and $60,000 in March. Variable and fixed selling and administrative expenses are as follows: Power cost (30% of sales) Fixed Rent expense: $5,000 per month Power cost/fixed portion: $800 per month expenses: (5% of sales) expense: $8,000 per month expense: $1,400 per month January. OA. $30,400 O B. $37,400 C. S33.900 O D. $14,000