Show Me How Flexible Budget for Selling and Administrative Expenses for a Service Company Morningside Technologies Inc. uses flexible budgets that are based on the following data: Sales commissions 7% of sales Advertising expense 24% of sales Miscellaneous administrative expense $1,750 per month plus 1% of sales Office salaries expense $17,000 per month Customer support expenses $2,500 plus 2% of sales Research and development expense 3,300 per month Prepare a flexible selling and administrative expenses budget for April for sales volumes of $110,000, $ Morningside Technologies Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending April 30 Total sales $110,000 $140,000 $165,000 Variable cost: Sales commissions 7,700 9.800 11,550 Advertising expense 26,400 33,600 39,600 Miscellaneous administrative expense 2,850 X 3,150 X 3,400 X Customer support expenses 4,700 X 5,800 X 6,450 X Total variable cost 61,850 X $ 72,600 X 81,350 X Fixed cost: Miscellaneous administrative expense 1,750 1,750 1,750 Office salaries expense 17,000 17,000 7,000