The budgeted unit sales of Weller Company for the upcoming fiscal year are provided below:
Budgeted unit sales 1st Quarter = 32,000
2nd Quarter = 34,000 3rd Quarter = 25,000
4th Quarter = 30,000
The company’s variable selling and administrative expense per unit is $3.10. Fixed selling and administrative expenses include advertising expenses of $9,000 per quarter, executive salaries of $50,000 per quarter, and depreciation of $31,000 per quarter. In addition, the company will make insurance payments of $4,000 in the first quarter and $4,000 in the third quarter. Finally, property taxes of $8,000 will be paid in the second quarter.
Prepare the company’s selling and administrative expense budget for the upcoming fiscal year. (Round "Variable cost" answers to 2 decimal places.)