Sheridan Company classifies its selling and administrative expense budget into variable and fixed components. Variable expenses are expected to be $27,360 in the first quarter, and $4,560 increments are expected in the remaining quarters of 2022. Fixed expenses are expected to be $45,600 in each quarter. Prepare the selling and administrative expense budget by quarters and in total for 2022. SHERIDAN COMPANY Selling and Administrative Expense Budget Quarter 1 $ S Sheridan Company classifies its selling and administrative expense budget in expected to be $27,360 in the first quarter, and $4,560 increments are expe expected to be $45,600 in each quarter. Prepare the selling and administrative expense budget by quarters and in to 1