Wala Incorporated bases its selling and administrative expense budget on the number of units sold The variable selling and administrative expense is $4.90 per unit The budgeted fixed selling and administrative expense is $30,300 per month, which includes depreciation of $3,570. The remainder of the fixed selling and administrative expense represents current cash flows. The sales budget shows 2,500 units are planned to be sold in July Required: Prepare the selling and administrative expense budget for July July Fixed selling and administrative expense Total selling and administrative expense 0 Cash disbursements for selling and administrative expenses