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Wala incorporated bases its selling and administrative expense budget on the number of units sold. The variable selling and adrministrative expense is $3.70 per unit.

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Wala incorporated bases its selling and administrative expense budget on the number of units sold. The variable selling and adrministrative expense is $3.70 per unit. The budgeted fixed selling and administrative expense is $30,110 per month, which includes depreciation of $3,380. The remainder of the fixed selling and administrative expense represents current cash flows. The sales budget shows 4,400 units are planned to be sold in July. Required: Prepare the selling and administrative expense budget for July

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