Jeter Company classifies its selling and administrative expense budget into variable and fixed components. Variable expenses are

Question:

Jeter Company classifies its selling and administrative expense budget into variable and fixed components. Variable expenses are expected to be $25,000 in the first quarter, and $5,000 increments are expected in the remaining quarters of 2012. Fixed expenses are expected to be $40,000 in each quarter. Prepare the selling and administrative expense budget by quarters and in total for 2012.