The budgeted unit sales of Weller Company for the upcoming fiscal year are as follows: Budgeted unit sales 1st Quarter 2nd Quarter 15,000 16,000 3rd Quarter 14,000 4th Quarter 13,000 The company's variable selling and administrative expense per unit is $2.50. Fixed selling and administrative expenses include advertising expenses of $8,000 per quarter, executive salaries of $35,000 per quarter, and depreciation of $20,000 per quarter. addition, the company makes insurance payments of $5,000 in the first quarter and $5,000 in the third quarter. Finally, property of $8,000 are paid in the second quarter. Required: Prepare the company's selling and administrative expense budget for the upcoming fiscal year. Variable selling and administrative expense Fixed selling and administrative expenses: Total fixed expense Total selling and administrative expenses WELLER COMPANY Selling and Administrative Expense Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Year