Preparing a Selling and Administrative Expenses Budget Fazel Company makes and sells paper products. In the coming year, Fazel expects total sales of $19,730,000. There is a 3 percent commission on...

Preparing a Selling and Administrative Expenses Budget Fazel Company makes and sells paper products. In the coming year, Fazel expects total sales of $19,730,000. There is a 3 percent commission on sales. In addition, fixed expenses of the sales and administrative offices include the following:

Required:

Prepare a selling and administrative expenses budget for Fazel Company for the coming year.