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 selling and administrative expenses include the (Click the icon to view the expenses.) Prepare a selling and administrative expense budget for ea three quarters of 2018 and totals for the nine-month period March 31 June 30 September 30 Total Variable expenses: Commissions Expense Miscellaneous Expenses Total variable expenses Fixed expenses: Rent Expense Salaries Expense Depreciation Expense Total fixed expenses Total selling and administrative expenses Choose from any list or enter any number in the input fields and then click Check Answer. Reference ng ce C 20 co th Slattery, Inc. Sales Budget Nine Months Ended September 30, 2018 Quarter Ended Nine-Month March 31 June 30 September 30 Total $ 30,000 $ 45,000 $ 37,500 $ 112,500 70,000 105,000 87,500 262,500 100,000 $ 150,000 $ 125,000 $ 375,000 ri Cash sales, 30% Credit sales, 70% Total sales on is tal xel con Slattery, Inc. Inventory, Purchases, and cost of Goods Sold Budget Nine Months Ended September 30, 2018 Quarter Quarter Ended Ended Quarter Ended Nine-Month March 31 June 30 September 30 Total ala tal tad og Print Done Homework: Reference - X LOS DATUS, JU70 TUVUU UUUU TIEDO Credit sales, 70% UUU 70,000 105,000 $ 100,000 $ 150,000 $ 87,500 262,500 Total sales 125,000 $ 375,000 ce an so Slattery, Inc. Inventory, Purchases, and Cost of Goods Sold Budget Nine Months Ended September 30, 2018 Quarter Quarter Ended Ended Quarter Ended Nine-Month March 31 June 30 September 30 Total Cost of goods sold $40,000 $60,000 $50,000 $150,000 Desired ending merchandise Plus: inventory $20,000 $19,000 $22,000 Total merchandise inventory required $60,000 $79,000 $72,000 Less: Beginning merchandise inventory $37,000 $20,000 $19,000 Budgeted purchases $23,000 $59,000 $53,000 al ce en ap tal tal og Print Done Help me SUIVE THIS UTEXT agus UULIVOTU TETO get and inventory, purchases, Slattery's selling and admin Data Table Rent, $1,200 per month Salaries, $3,500 per month Commissions, 2% of sales Depreciation, $1,600 per month Miscellaneous expenses, 1% of sales Print Done