Preparing a Selling and Administrative Expenses Budget Fazel Company makes and sells paper products. In the coming year, Fazel expects total sales of $19,000,000. There is a 7% commission on sales. In addition, fixed expenses of the sales and administrative offices include the following: Salaries Utilities Office space Advertising Required Prepare a selling and administrative expenses budget for Fazel Company for the coming year. $960,000 365,000 230,000 1,200,000 Fazel Company Selling and Administrative Expenses Budget For the Coming Year Variable selling expenses Fixed expenses: Salaries Utilities Office space Advertising Total fixed expenses Total selling and administrative expenses