Kunsan Industries combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2020, the following data are available.

1. Sales: 20,000 units quarter 1; 22,000 units quarter 2.

2. Variable costs of sales: sales commissions 5%, delivery expense 2%, and advertising 3%.

3. Fixed costs per quarter: sales salaries W12,000,000, office salaries W8,000,000, depreciation W4,200,000, insurance W1,500,000, utilities W800,000, and repairs expense W500,000.

4. Unit selling price: W20,000.

Instructions

Prepare a selling and administrative expense budget by quarters for the first 6 months of 2020.