Slattery, Inc., sells tire rims. Its sales budget and inventory, purchases, and cost of goods sold budget for the nine months ended September 30, 2018, follow: (Click the icon to view the sales budget and inventory, purchases, and cost of goods sold budget.) Slattery's B (Clic i Reference JUTO Duuyos Nine Months Ended September 30, 2018 Quarter Ended Nine-Month March 31 June 30 September 30 Total $ 20,000$ 30,000$ 25,000 $ 75,000 80,000 120,000 100,000 300,000 $ 100,000 $ 150,000 $ 125,000 $ 375,000 Cash sales, 20% Credit sales, 80% Total sales Slattery, Inc. Inventory, Purchases, and Cost of Goods Sold Budget Nine Months Ended September 30, 2018 Quarter Ended Quarter Ended Quarter Ended March 31 June 30 September 30 Nine-Month Total $150,000 $40,000 $16,000 $60,000 $15,000 $50,000 $18,000 Cost of goods sold Plus: Desired ending merchandise inventory Total merchandise inventory required Less: Beginning merchandise inventory $56,000 $37,000 $75,000 $16,000 $59,000 $68,000 $15,000 $19,000 $53,000 Budgeted purchases ULULIUILICI Slattery's selling and administrative expenses include the following: B: (Click the icon to view the expenses.) Prepare a selling and administrative expense budget for each of the three quarters of 2018 and totals for the nine-month period. i Data Table nth Rent, $2,700 per month Salaries, $1,000 per month Commissions, 4% of sales Depreciation, $1,300 per month Miscellaneous expenses, 3% of sales Print Done period. Slattery, Inc. Selling and Administrative Expense Budget Nine Months Ended September 30, 2018 Quarter Quarter Quarter Ended Ended Nine-month Ended September 30 March 31 June 30 Total Variable expenses: Commissions Expense Cost of Goods Sold Depreciation Expense Ending Inventory Insurance Expense Miscellaneous Expenses Purchases Rent Expense Salaries Expense Sales Choose from any list or enter any number in the input fields and then continue to the next question. Prepare a selling and adminis period. Slattery, Inc. Selling and Administrative Expense Budget Nine Months Ended September 30, 2018 Quarter Quarter Quarter Ended Ended Ended Nine-month March 31 June 30 September 30 Total Variable expenses: Total variable expenses Fixed expenses: Total fixed expenses Total selling and administrative expenses Choose from any list or enter any number in the innut fields and then continue to the next