Weller Company's budgeted unit sales for the upcoming fiscal year are provided below: Budgeted unit sales 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 15,000 16,000 14,000 13,000 The company's variable selling and administrative expense per unit is $2.50. Fixed selling and administrative expenses include advertising expenses of $8,000 per quarter, executive salaries of $35,000 per quarter, and depreciation of $20,000 per quarter. In addition, the company will make insurance payments of $5,000 in the first quarter and $5,000 in the third quarter. Finally, property taxes of $8,000 will be paid in the second quarter. Required: Prepare the company's selling and administrative expense budget for the upcoming fiscal year. (Round "Per Unit" answers to 2 decimal places.) Answer is not complete. Weller Company Selling and Administrative Expense Budget 1st 2nd 3rd 4th Quarter Quarter Quarter Year Quarter Budgeted unit sales 15,000 16,000 14,000 13,000 58,000 Variable selling and administrative expense per unit $ 2.50 $ 2.50 $ 2.50 S 2.50 $ 2.50 Variable selling and administrative expense $ 37,500 $ 40,000 $ 35,000$ 32,500 145,000 Fixed selling and administrative expenses: Advertising 8,000 8,000 8,000 8,000 32,000 Executive salaries 35,000 35,000 35,000 35,000 140,000 Depreciation 20,000 20,000 20,000 20,000 80,000 Answer is not complete. Weller Company Selling and Administrative Expense Budget 1st 2nd Quarter Quarter Budgeted unit sales 15,000 16,000 Variable selling and administrative expense per unit $ 2.50 2.50 3rd Quarter 4th Quarter Year 14,000 13,000 2.50 $ 2.50 $ 58,000 $ 2.50 $ 145,000 $ 37,500 $ 40,000 $ 35,000 $ 32,500 Variable selling and administrative expense Fixed selling and administrative expenses: Advertising Executive salaries 8,000 35,000 20,000 5,000 8,000 35,000 20,000 8,000 35,000 20,000 5,000 8,000 35,000 20,000 32,000 140,000 80,000 Depreciation Insurance 8,000 71,000 68,000 68,000 63,000 270,000 Property taxes Total fixed selling and administrative expenses Total selling and administrative expenses Less: Depreciation Cash disbursements for selling and administrative expenses