Flexible Budget for Selling and Administrative Expenses for a Service Company Morningside Technologies Inc. uses flexible budgets that are based on the following data:
Sales commissions 8% of sales.
Advertising expenses 20% of sales.
Miscellaneous administrative expenses $1,700 per month plus 1% of sales.
Office salaries expense $16,000 per month.
Customer support expenses $2,350 plus 2% of sales .
Research and development expense of 3,150 per month.
Prepare a flexible selling and administrative expenses budget for April for sales volumes of $105,000, $130,000, and $160,000. Enter all amounts as positive numbers.