The following budget information is available for the Arch Company for January Year 2: Sales Cost of goods sold Utilities expense Administrative salaries Sales commissions Advertising Depreciation on store equipment Rent on administration building Miscellaneous administrative expenses O $240,000 $262,500 All operating expenses are paid in cash in the month incurred. Compute total budgeted selling and administrative expenses (excluding interest) amount for January Year 2. O $285,800 $860,000 540,000 2,800 100,000 O $283,000 5% of sales 20,000 50,000 60,000 10,000

The following budget information is avallable for the Arch Company for January Year 2: All operating expenses are paid in cash in the month incurred. Compute total budgeted selling and administrative expenses (excluding interest) amount for January Year 2. $240,000 $262,500 $285,800 $283,000