Rado Company classifies its selling and administrative expenses budget into variable and fixed components. It expects variable expenses to be $24,500 in the first quarter, and expects $4,900 increments in the remaining quarters of 2020. It expects fixed expenses to be $39,700 in each quarter. Prepare the selling and administrative expenses budget by quarters for 2020. RADO COMPANY Selling and Administrative Expense Budget For the Year Ending December 31, 2020 Quarter 1 2 3 4 $ Variable costs $ $ Fixed costs $ Total $ $ Rado Company classifies its selling and administrative expenses budget into variable and fixed components. It expects variable expenses to be $24,500 in the first quarter, and expects $4,900 increments in the remaining quarters of 2020. It expects fixed expenses to be $39,700 in each quarter. Prepare the selling and administrative expenses budget by quarters for 2020. RADO COMPANY Selling and Administrative Expense Budget For the Year Ending December 31, 2020 Quarter 2 4 Year $ $ $ $ ta $ $ $