5 (30 MARKS) Liverpool Co. uses flexible budgets to control its selling expenses. Monthly sales are expected to increase from $300,000 to $360,000. Buddable and their percentage to sales are: Sales commissions Advertising Traveling Delivery 5% 4% 7% 196 Budgeted Fixed selling expenses consist of sales salaries $40,000 and depreciation on delivery equipment $10,000. The Actual selling expenses incurred in April 2019, by Liverpool are as follows: Sales commissions Advertising Traveling Delivery $17,200 12,000 23,700 2,400 Actual Fixed selling expenses consist of sales salaries $41,500 and depreciation on delivery equipment $10,000 Instructions 1. Prepare a flexible budget performance report for the month of April 2019, aming that April's actual sales were (20 What is responsibility accounting? Explain the purpose of responsibility accounting and explainable(19 Ma GINA