Question 2 of 3 > View Policies Current Attempt in Progress Lockwood Company combines its operating expenses for budget purposes in a selling and administrative expenses budget for the first six months of 2020, the following data are available: Sales: 20,100 units in quarter 1:22.200 units in quarter 2 Variable costs per dollar of sales: sales commissions sx delivery expense 2%; and advertising 4% Fixed costs per quarter sales salaries $9,700, office salaries $7300, depreciation $3,800, insurance $1,400, utilities $800, and repairs expense $500 Unitselling price: $21 1 2 3 4 Prepare a selling and administrative expenses budget by quarters for the first six months of 2020. LOCKWOODCOMPANY Selling and Administrative Expenses Budget For the Six Months Ending June 30, 2020 2 Total $ $ Totaltung und Antrative pene Bedge Sales Faced Dipes Variable Expenses Operationes $ $