Walnut has forecast sales for the next three months as follows July 4.200 units August 6.800 units, September 8,100 units. Walnut's policy is to have an ending Inventory of 45% of the next months sales needs on hand. July 1 Inventory is projected to be 1,800 units. Selling and administrative costs are budgeted to be $24,000 per month plus $5 per unit sold. What are budgeted selling and administrative expenses for July? Multiple Choice $27300 0 540,500 o $45,000 $45,300