CALCULATOR Exercise 9-12 PRINTER VERSION Your answer is partially correct. Try again. kirdand Company 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 stable 1. Sales: 20,000 units quarter 1; 22,000 units quarter 2. Variable costs per dollar of sales: sales commissions 5%, delivery expense 2%, and advertising 3%. 3 Fixed costs per quarter: sales salaries $12,000, office salaries $8,000, depreciation $4,200, Insurance $1,500, volites 5800, and repairs expense 5500 4 Unit selling price: $20. 2 Prepare a selling and administrative expense budget by quarters for the first 6 months of 2020. (List variable expenses before fired expense.) KIRKLAND COMPANY Selling and Administrative Expense Budget For the Sox Months Ending June 30, 2020 Quarter 1 2 Six Months Budgeted sales in Units 20000 22000 Variable Expenses Sales Commissions 25000 27500 52500 Version Policy R 2000-2020 John W.Sos.Inc. All Rights Reserved. A Division of an wie Son MacBook Air