Prepare the selling and administrative expense budget for July.

Wala Inc. bases its selling and administrative expense budget on the number of units sold. The variable selling and administrative expense is $4.10 per unit. The budgeted fixed selling and administrative expense is $30,150 per month, which includes depreciation of $3,420. The remainder of the fixed selling and administrative expense represents current cash flows. The sales budget shows 4,000 units are planned to be sold in July Required: Prepare the selling and administrative expense budget for July. July Fixed selling and administrative expense Total selling and administrative expense Cash disbursements for selling and administrative expenses S