Learning Manage. 2007,5 - 2013 GM... Digital Multimedia Build Your Own To... eBook Show Me How Flexible Budget for Selling and Administrative Expenses for a Service Company Cloud Productivity Inc. uses flexible budgets that are based on the following data: Sales commissions 15% of sales Advertising expense 20% of sales Miscellaneous administrative expense $7,500 per month plus 12% of sales Office salaries expense $28,000 per month Customer support expenses $12,000 per month plus 20% of sales Research and development expense $32,000 per month Prepare a flexible selling and administrative expenses budget for March for sales volumes of $400,000, $500,000, and $800,000. (Use Exhibit 5 as a model.) Cloud Productivity Inc. Flexible Selling and Administrative Expenses Budget For the Month Ending March 31 5400000 500000 $600000 Variable cost: Total sales Total variable cost Fixed cost OO D00000 QILLI QUI00 I QULOQ QUI Total fixed cost Total selling and administrative expenses Check My Work All work saved