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Wesley's ending finished goods inventory policy is 35 percent of the next month's sales. Suppose each handisaw requires a plastic housing that Wesley purchases from a supplier at a cost of $4,00 each. The company has an ending raw materials inventory policy of 10 percent of the following month's production requirements. Materials other than the housing unit total $3,50 per handisaw. Manufacturing overhead for this product includes $69,000 annual overhead (based on production of 24,000 units) and $.70 per unit variable manufacturing overhead. Wesley's selling expresses are 4 percent of dales dollars, and administrative expenses are fixed at $17,000 per month. Compute the budgeted cost of goods sold following for the first quarter. Compute the budgeted selling and administrative expresses following for the first quarter