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Sheridan Company makes and sells widgets. The company is in the process of preparing its Selling and Administrative Expense Budget for the month. The following

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Sheridan Company makes and sells widgets. The company is in the process of preparing its Selling and Administrative Expense Budget for the month. The following budget data are available: Variable Cost Per Unit Sold Monthly Fixed Cost Item Sales commissions $2 $4500 Shipping $4 Advertising $4 Executive salaries $60700 Depreciation on office equipment $2500 Other $2 $3300 Expenses are paid in the month incurred. If the company has budgeted to sell 40100 widgets in October, how much is the total budgeted selling and administrative expenses for October? $552200 O $71000 O $546400 O $481200

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