The Puyer Corporation makes and sells only one product called a Deb. The company is in the process of preparing its Selling and Administrative Expense Budget for next year. The following budget data are available:

	Monthly Fixed Cost	Variable Cost Per Deb Sold
Sales commissions		$ 0.94
Shipping		$ 1.44
Advertising	$ 50,400	$ 0.24
Executive salaries	$ 60,400
Depreciation on office equipment	$ 20,400
Other	$ 40,400

All of these expenses (except depreciation) are paid in cash in the month they are incurred.

If the company has budgeted to sell 15,400 Debs in February, then the total budgeted fixed selling and administrative expenses for February is:

Multiple Choice

• $121,200

• $131,200

• $151,200

• $171,600