Your answer is partially correct 1. Sheffield Company combines its operating expenses for budget purposes in a selling and administrative expense bulget. For the first months of 2022, the following data are available Sales: 25,200 units quarter 1: 27.720 units quarter 2 Variable costs per dollar of sales sales commissions 5% delivery expense 2% and advertising 3% Fixed costs per quarter: sales salaries $ 15,120, office salaries $10.000, depreciation $ 5.200, insurance $ 1890, utilities 1,100, and repairs expense $ 630 Unit selling price: 520 2 3 4. Prepare a selling and administrative expense budget by quarters for the first 6 months of 2022. (List variable expenses before fixed expense.) SHEFFIELD COMPANY Selling and Administrative Expense Budget For the Six Months Endine June 30, 2022 Quarter Six Month: Budgeted sales in Units 25200 27720