Preparing and Selling and Administrative Expense Budget

	1st quarter	2nd quarter	3rd quarter	4th quarter
Budgeted unit sales	22500	27500	20500	28250

Expenses are as follows:

Fixed selling and admin per quarter:

Salaries $102,000

Depreciation $10,000

Marketing $5,500

Annual property taxes paid

50% in Q2 and 50% in Q4 $10,000

Variable selling and admin $ 3.25

Required:

Prepare a selling and administrative expenses budget for the year and cash disbursements budget by quarter and for the year.