The Cottonwood Company manufactures mattresses and has for sales volumes of $300,000, $350,000, and $400,000, based on the following data:

Sales commissions	6% of sales
Sales manager's salary	$120,000 per month
Advertising expense	$90,000 per month
Shipping expense	1% of sales
Miscellaneous selling expense	$6,000 per month plus 1.5% of sales

Required:

Prepare a monthly flexible selling expense budget for Cottonwood Company for December, 2016. Refer to the lists of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading.

nstructions Labels and Amount Descriptions December 31, 2016 For the Month Ending December 31, 2016 Amount Descriptions Advertising expense Miscellaneous selling expense Sales commissions Sales manager's salary Sales volume Shipping expense Total fixed expense Total selling expense Total variable expense elling Expense Budget Monthly Selling Expense Budget (Label) 1 Sales volume $300,000.00 $350,000.00 5400,000.00 Variable expenses Fixed expenses