zelia, inc. has prepared the operating budget for the first quarter of the year. the company forecast sales of $ 50 comma 000 in january, $ 60 comma 000 in february, and $ 70 comma 000 in march. variable and fixed expenses are as follows: variable expenses: power cost (20% of sales) miscellaneous expenses: (15% of sales) fixed expenses: salaries expense: $ 10 comma 000 per month rent expense: $ 4 comma 000 per month depreciation expense: $ 1 comma 400 per month power cos
a. True
b. Falseixed portion: $ 800 per month miscellaneous expenses/fixed portion: $ 1 comma 000 per month using the information above, calculate the amount of budgeted selling and administrative expenses for the month of february.