Shep Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first quarter of 2019, the following data are developed: 1. Sales: 20.000 units; unit selling price: 2. Variable costs per dollar of sales: Sales commissions Delivery expense Advertising 3. Fixed costs per quarter: $25 6% 2% 4% Sales salaries Office salaries Depreciation Insurance Utilities $30,000 18,000 8,000 3,000 1,100 Instructions Prepare a selling and administrative expense budget for the first quarter of 2019. Variable expenses Sales commissions SHEP COMPANY Selling and Administrative Expense Budget For the Quarter Ended March 31, 2019 Delivery expense Advertising Total variable Fixed expenses Sales salaries Office salaries Depreciation Insurance Utilities Total fixed Total selling and administrative expenses