Swingers Company Makes and Sells Widgets Expenses Are Paid in the Month Incurred

Swingers Company makes and sells widgets.The company is in the process of preparing its Selling and Administrative Expense Budget for the month.The following budget data are available: $$\begin{array} { l c c } \begin{array} { l } \\\end{array} \\\text { Variable Cost } \\\underline{\text { Item} } &\underline{ \text { Per Unit Sold }} &\underline{\text { Monthly Fixed Cost }} \\\text { Sales commissions } & \$ 1 & \$ 5,000 \\\text { Shipping } & \$ 3 & \\\text { Advertising } & \$ 4 & \\\text { Executive salaries } & & \$ 60,000 \\\text { Depreciation on office equipment } & & \$ 2,000 \\\text { Other } & \$ 2 & \$ 3,000\end{array}$$ Expenses are paid in the month incurred.If the company has budgeted to sell 40,000 widgets in October, how much is the total budgeted selling and administrative expenses for October?

A) $470,000
B) $70,000
C) $465,000
D) $400,000