Tremont, Inc., sells tire rims. Its sales budget and inventory, purchases, and cost of goods sold budget

for the nine months ended September $30,2024,$ follow

$($Click the icon to view the sales budget and inventory, purchases, and cost of goods sold budget.

Tremont's selling and administrative expenses include the following:

$($Click the icon to view the expenses.$)$

Prepare a selling and administrative expense budget for each of the three quarters of $2024$ and

totals for the nine$-$month period.

Reference

Data table

Rent, $$1,000$ per month

Salaries, $$5,000$ per month

Commissions, $3\%$ of sales

Depreciation, $$1,100$ per month

Miscellaneous expenses, $1\%$ of sales