Open spreadsheet Prepare a flexible selling and administrative expenses budget for October for sales volumes of $400,000, $700,000, and $1,200,000. (Use Exhibit 5 as a model.) Enter all amounts as positive numbers. Digital Solutions Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending October 31 $400,000 $700,000 Total sales $1,200,000 Variable cost: Total variable cost $ $ Fixed cost: $ $ $ Total fixed cost $ $ $ Total selling and administrative expenses Check My Work Previous Next > Flexible budget for selling and administrative expenses for a service company Digital Solutions Inc. uses flexible budgets that are based on the following data: Sales commissions 7% of sales Advertising expense 13% of sales Miscellaneous administrative expense $8,000 per month plus 4% of sales Office salaries expense $54,000 per month Customer support expenses Research and development expense $17,000 per month plus 28% of sales $73,000 per month This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below. X Open spreadsheet Prepare a flexible selling and administrative expenses budget for October for sales volumes of $400,000, $700,000, and $1,200,000. (Use Exhibit 5 as a model.) Enter all amounts as positive numbers. Digital Solutions Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending October 31 $400,000 $700,000 Total sales $1,200,000 Variable cost: $ Check My Work Previous Next >