ABC Company's budgeted sales for June, July, and August are 16,000, 20,000, and 18,000 units respectively. The following cost behavior patterns are budgeted for ABC Company's operating expenses each month: Fixed costs: salaries, $4,000; rent, $7,000; depreciation, $4,400; advertising, $5,200 Mixed costs: utilities, $5,000+ $0.50 per unit Variable costs per unit sold: sales commissions, $4.00; marketing promotions, $3.00; supplies, $0.85; bad debt expense, $0.55 Required: Prepare ABC Company's operating expense budget for June, July, and August. June July August Variable operating expenses: Sales commissions Marketing promotions Supplies Bad debts expense Utilities Total variable expense Fixed operating expenses: Salaries Rent Depreciation Advertising Utilities Total fixed expense Budgeted operating expense