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Sweeney, Inc., sells tire rims. Its sales budget and inventory, purchases, and cost of goods sold budget for the nine months ended September 30, 2024, follow: (Click the icon to view the sales budget and inventory, purchases, and cost of goods sold budget.) Sweeney's selling and administrative expenses include the following: (Click the icon to view the expenses.) Prepare a selling and administrative expense budget for each of the three quarters of 2024 and totals for the nine-month period. . Sweeney, Inc. Selling and Administrative Expense Budget Nine Months Ended September 30, 2024 Quarter Quarter Ended Ended March 31 June 30 Quarter Ended Nine-month Total September 30 Variable expenses: Total variable expenses Fixed expenses: Total fixed expenses Total selling and administrative expenses Reference Sweeney, Inc. Sales Budget Nine Months Ended September 30, 2024 Quarter Ended Nine-Month March 31 June 30 September 30 Total Cash sales, 20% $ 29,000 $ 39,000 $ 156,000 34,000$ 136,000 102,000 408,000 Credit sales, 80% 116,000 $ 145,000 $ 195,000 $ 170,000 $ 510,000 Total sales Sweeney, Inc. Inventory, Purchases, and Cost of Goods Sold Budget Nine Months Ended September 30, 2024 Quarter Ended Quarter Ended Quarter Ended Nine-Month March 31 June 30 September 30 Total $204,000 Cost of goods sold $58,000 $32,800 $78,000 $31,800 $68,000 $34,800 Plus: Desired ending merchandise inventory Print Done S Data Table Ind hth Rent, $1,500 per month Salaries, $3,000 per month Commissions, 2% of sales Depreciation, $800 per month Miscellaneous expenses, 1% of sales Print Done