Namaste, Inc. is a manufacturer of self improvement products. For the upcoming quarter the budgeted sales revenue is $680,000 .
The sales price is expected to be $20 per unit. For the preparation of its Selling, General, and Administrative Budget for the upcoming quarter, the following additional information was compiled:
• Sales Commissions - $2.50 per unit
• sold Sales and Office Salaries - $40,000 per month
• Office Rent - $3,500 per month
• Office Related Depreciation- $800 per month
• Office Utilities - $500 per month plus $0.50 for each unit sold
Assume all cash expenses are paid when incurred. The budgeted Selling, General, and Administrative cash outflows for the upcoming quarter are $? . (round to the nearest dollar and use commas where appropriate)