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X-Men budgets sales of $60,000 for April, $140,000 for May, and $85,000 for June. In addition, sales commissions are 15% of sales dollars and the

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X-Men budgets sales of $60,000 for April, $140,000 for May, and $85,000 for June. In addition, sales commissions are 15% of sales dollars and the company pays a sales manager a salary of $7,000 per month. Sales commissions and salaries are paid in the month incurred. Administrative expenses include depreciation on the office building $1,500 per month and office salaries of $12,000 per month. Prepare a selling and administrative expense budget for the month of June (show all calculations)

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