Q.2 The International Company makes and sells only one product, Product SW. The company is in the process of preparing its Selling and Administrative Expense Budget for the last half of the year. The following budget data are available: Variable Cost Per Unit Sold Monthly Fixed Cost Sales Commissions $0.70 Shipping $1.10 Advertising $0.20 $14,000 Executive Salaries $34,000 Depreciation on Office Equipment $11,000 Other $0.25 $19,000 Bad debts - 2% of credit sales (Average monthly credit sales $85,000 for the last half of the year) All cash expenses are paid in the month for which they are incurred. Pay_particular attention to non-cash fixed expenses. a. If the company has budgeted to sell 25,000 units of Product SW in July, what will be the total budgeted selling and administrative expenses for July