Chris is preparing a budget for her operation. She has forecasted revenue of $1,200,000 for the budget period and now wants to complete the variable expense portion of her forecast. Chris reviewed her historical cost percentage records. She then established her target variable cost percentages for several variable cost categories. Use Chris's target cost percentages to complete her variable expense forecast and then answer the questions that follow. Historical Expense Percentage 2.8% Target Expense Percentage 3.0% Variable Expense Forecast 0.25 0.15 Variable Expense Cost Marketing Glassware Paper products Linens Flowers and decorations Kitchen utensils 0.25 0.25 1.0 0.75 0.50 0.25 0.25 0.25 1. What is the amount Chris will budget for marketing? 2. What is the amount Chris will budget for linens? 3. What is the amount Chris will budget for kitchen utensils? 4. What would be the impact on marketing costs if Chris sets that expense at 3 percent of revenue and then exceeds her forecasted revenue amount