Sheridan Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2022, the following data are available. 1. Sales: 17,600 units quarter 1; 19,360 units quarter 2. 2. Variable costs per dollar of sales: sales commissions 5%, delivery expense 2%, and advertising 3%. 3. Fixed costs per quarter: sales salaries $10,560, office salaries $7,040, depreciation $3,680, insurance $1,320, utilities $720, and repairs expense $440. 4. Unit selling price: $20. Prepare a selling and administrative expense budget by quarters for the first 6 months of 2022. (List variable expenses before fixed expense.) SHERIDAN COMPANY Selling and Administrative Expense Budget Quarter 1 2 Six Months