Question 8 Palm Fuel Supply is preparing its selling and administrative (5&A) expenses budget for the month of April Palm uses commission sales representatives and budgets monthly payroll at $10,000 plus a percentage of monthly sales. Budgeted administrative expenses include insurance of $7.000, depreciation of $9.000, and other administrative expenses equal to 3% of monthly sales. The SA expenses budget for the month of March included budgeted payroll of $30,000 and budgeted sales of $500,000. Sales for April are budgeted at $450,000, and capital expenditures in April are budgeted at $8.500. What are Palm's total budgeted S&A expenses for April? $67,500 $66.000 O $59.000 O $57,500 None of the above