Sheffield Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first quarter of 2022, the following data are developed: 1. Sales: 24,500 units; unit selling price: $30 2. Variable costs per sales dollar: Sales commissions Delivery expense Advertising 6% 2% 4% Fixed costs per quarter: Sales salaries $24,800 18,400 6,000 2,700 1,600 Office salaries Depreciation Insurance O Utilities Prepare a selling and administrative expense budget for the first quarter of 2022. (List variable costs before fixed costs.) SHEFFIELDCOMPANY Selling and Administrative Expense Budget 6 SA A ^ ^ A ^ ^ Utilities Fixed Expenses Insurance Delivery Expense Office Salaries Advertising Total Fixed Variable Expenses Sales Salaries Budgeted Selling and Administrative Expenses Depreciation Total Variable Sales Commissions