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Save & Exit Walnut has forecast sales for the next three months as follows: July 5.200 units, August 7,200 units, September 8.700 units. Walnut's

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Save & Exit Walnut has forecast sales for the next three months as follows: July 5.200 units, August 7,200 units, September 8.700 units. Walnut's policy is to have any ending inventory of 40% of the next month's sales needs on hand. July 1 inventory is projected to be 2.700 units. Selling and administrative costs are budgeted to be $27,000 per month plus $5 per unit sold. What are budgeted selling and administrative expenses for September? Multiple Choice $40,000 $90,600 $43,600 $70,500

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