Walnut has forecast sales for the next three months as follows: July 4,900 units, August 6,900 units, September 8,400 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 2,400 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 September? Multiple Choice $40.900 $84,900 $38,000 $66,000