Wala Inc. bases its selling and administrative expense budget on the number of units sold. The variable selling and administrative expense is $4.80 per unit. The budgeted fixed selling and administrative expense is $30,290 per month, which includes depreciation of $3,560. The remainder of the fixed selling and administrative expense represents current cash flows. The sales budget shows 2,400 units are planned to be sold in July.

Required:

Prepare the selling and administrative expense budget for July.