An engagement letter sent to a publicly held audit client usually would not include a(n) a. statement that management advisory services would be made available upon request. b. reference to the auditor's responsibility for the detection of errors or irregularities. c. estimation of the time to be spent on the audit work by audit staff and management. d. reference to management's responsibility for the financial statements.

Schuepfer inc. bases its selling and administrative expense budget on budgeted unit sales. the sales budget shows 1,800 units are planned to be sold in march. the variable selling and administrative expense is $4.30 per unit. the budgeted fixed selling and administrative expense is $35,620 per month, which includes depreciation of $2,700 per month. the remainder of the fixed selling and administrative expense represents current cash flows. the cash disbursements for selling and administrative expenses on the march selling and administrative expense budget should be: