Current Attempt in Progress Sheffield Company classifies its selling and administrative expense budget into variable and fixed components. Variable expenses are expected to be $30,240 in the first quarter, and $5,040 increments are expected in the remaining quarters of 2022. Fixed expenses are expected to be $50,400 in each quarter. Prepare the selling and administrative expense budget by quarters and in total for 2022. SHEFFIELD COMPANY Selling and Administrative Expense Budget Quarter 1 2 3 $ $ $ $ $ $ View Policies Current Attempt in Progress Sheffield Company classifies its selling and administrative expense budget into variable and fixed components. Variable expenses are expected to be $30,240 in the first quarter, and $5,040 increments are expected in the remaining quarters of 2022. Fixed expenses are expected to be $50,400 in each quarter. Prepare the selling and administrative expense budget by quarters and in total for 2022. SHEFFIELD COMPANY Selling and Administrative Expense Budget Quarter 1 2 3 $ $ $ Direct Labor Direct Materials Fixed Expenses Production Units Sales Total Selling and Administrative Expenses Variable Expenses $ $ $ eTextbook and Media Current Attempt in Progress Sheffield Company classifies its selling and administrative expense budget into variable and fixed components. Variable expenses are expected to be $30,240 in the first quarter, and $5,040 increments are expected in the remaining quarters of 2022. Fixed expenses are expected to be $50,400 in each quarter. Prepare the selling and administrative expense budget by quarters and in total for 2022. SHEFFIELD COMPANY Selling and Administrative Expense Budget Quarter 2 3 4 Year $ $ $ $ $ $ $ $