Swifty & Ivanhoe Fabricators produces commemorative bricks that organizations use for fundraising projects. Donald Swifty, the company's vice president of marketing, has prepared the following sales forecast for the first six months of the coming year. The company plans to sell the bricks for $22 each.

January		February			March			April		May			June
25,000		28,000			32,000			34,000		26,000			35,000

Swifty & Hill Fabricators' marketing department has identified the following monthly expenses that will be needed to support the company's sales and administrative functions.

Depreciation		$14,000
Sales staff salaries		$26,000
Advertising		$2,400
Executive salaries		$37,000
Miscellaneous		$1,600

In addition to these monthly expenses, the company will pay a commission to its salespeople equal to 8% of the sales revenue from each brick sold. The company expects bad debt expense to be 2% of sales revenue. Prepare Swifty & Hill's selling and administrative expense budget for the first quarter of the coming year.

		January		February		March		Quarter
select an item CommissionAdvertisingDepreciationSales Staff SalariesExecutive SalariesMiscellaneousBad Debt Expense		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount
select an item DepreciationMiscellaneousCommissionExecutive SalariesAdvertisingBad Debt ExpenseSales Staff Salaries		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
select an item Sales Staff SalariesAdvertisingCommissionExecutive SalariesBad Debt ExpenseDepreciationMiscellaneous		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
select an item DepreciationAdvertisingSales Staff SalariesMiscellaneousCommissionExecutive SalariesBad Debt Expense		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
select an item CommissionAdvertisingSales Staff SalariesDepreciationMiscellaneousBad Debt ExpenseExecutive Salaries		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
select an item DepreciationCommissionExecutive SalariesBad Debt ExpenseSales Staff SalariesMiscellaneousAdvertising		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
select an item CommissionExecutive SalariesDepreciationSales Staff SalariesAdvertisingMiscellaneousBad Debt Expense		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
select a closing name for section one Total Budgeted ExpensesBudgeted ExpensesTotal Budgeted RevenuesBudgeted RevenuesTotal Cash CostsNon-Cash Expenses		$enter a total amount for section one		$enter a total amount for section one		$enter a total amount for section one		$enter a total amount for section one
select between addition and deduction AddLess : select an opening name for section two Budgeted RevenuesTotal Budgeted ExpensesBudgeted ExpensesTotal Budgeted RevenuesNon-Cash ExpensesTotal Cash Costs
select an item CommissionBad Debt ExpenseAdvertisingSales Staff SalariesMiscellaneousDepreciationExecutive Salaries		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
select an item AdvertisingCommissionMiscellaneousExecutive SalariesBad Debt ExpenseDepreciationSales Staff Salaries		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
select a closing name for this budget Budgeted ExpensesTotal Budgeted RevenuesBudgeted RevenuesTotal Budgeted ExpensesNon-Cash ExpensesTotal Cash Costs		$enter a total amount		$enter a total amount		$enter a total amount		$enter a total amount