Question: The cost account for Jake Ace, Corp. develops a Selling and Administrative Budget based on the following information: Jake Ace, Corp. Salaries Expense, fixed $

The cost account for Jake Ace, Corp. develops a Selling and Administrative Budget based on the following information:
Jake Ace, Corp.
Salaries Expense, fixed $24,500 per quarter
Sales Commissions 2.00% of sales
Rent Expense, fixed $14,500 per quarter
Insurance Expense, fixed $1,600 per quarter
Depreciation Expense, fixed $2,700 per quarter
Supplies Expense 1.20% of sales
Project Sales
First Quarter $257,000
Second Quarter $283,000
Third Quarter $309,000
Fourth Quarter $335,000
Complete the Selling and Administrative Budget for 2021.
 The cost account for Jake Ace, Corp. develops a Selling and

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