Walnut has forecast sales for the next three months as follows: July 5,700 units, August 7700 units, September 9.200 units. Walnut's policy is to have an ending inventory of 40% of the next month's sales needs on hand. July 1 inventory is projected to be 3,200 units. Selling and administrative costs are budgeted to be $32,000 per month plus $5 per unit sold. What are budgeted selling and administrative expenses for September? Multiple Choice $48,300 $45,000 $78.000 $100,300