The International Company makes and sells only one product. There are 2 divisions, one in France and one in Newcastle.

The company is in the process of preparing its Selling and Administrative Expense Budget for the last half of the year. The following budget data are available:

French Division Cost Structure

	Variable Cost	Monthly
	Per Unit Sold	Fixed Cost
Sales Commissions	0.80	-
Shipping.	1.20	-
Advertising	0.30	15,000
Executive Salaries	-	35,000
Depreciation on Office Equipment	-	12,000
Other	0.35	20,000

Newcastle Division Cost Structure

	Variable Cost	Monthly
	Per Unit Sold	Fixed Cost
Sales Commissions	0.90	-
Shipping.	0.80	-
Advertising	0.60	5,000
Executive Salaries	-	40,000
Depreciation on Office Equipment	-	18,000
Other	0.80	5,000

All of these expenses (except depreciation) are paid in cash in the month they are incurred. If the French Division has budgeted to sell 24,000 units in September, then the total budgeted fixed selling and administrative expenses for September would be:

70,000.

82,000.

55,000.

63,600.