(a) Prepare a flexible budget performance report for March, assuming that March sales were $169,100. Variable costs and their percentage relationship to sales are sales commissions 6%%, advertising 6%, travelling 4%%, and delivery 2%%. Fixed selling expenses consist of sales salaries $35,000; depreciation on delivery equipment $6,800; and insurance on delivery equipment $1,700. Expected and actual sales are the same. (List variable costs before fixed costs.) PHAROAH COMPANY Flexible Budget Performace Report Difference Favourable Unfavourable Neither Favourabl Budget Actual nor UnfavourableThe actual selling expenses incurred in March 2022 by Pharoah Company are as follows: Sales commissions $11,016 Sales salaries $35,000 Advertising 10,266 Depreciation 6,800 Travel 6,764 Insurance 1,700 Delivery 3,452 {a} Prepare a exible budget performance report for March, assuming that March sales were $169,100. Variable costs and their percentage relationship to sales are sales commissions 6%, advertising 6%, travelling 4%, and delivery 2%. Fixed selling expenses consist of sales salaries $35,000; depreciation on delivery equipment $6,800; and insurance on delivery equipment $1,700. Expected and actual sales are the same. {List variable costs before xed costs.) (b) Prepare a flexible budget performance report, assuming that March sales were $177,300. Variable costs and their percentage relationship to sales are sales commissions 6% advertising 6%%, travelling 4%%, and delivery 2%%. Fixed selling expenses consist of sales salaries $35,000; depreciation on delivery equipment $6,800; and insurance on delivery equipment $1,700. Expected and actual sales are the same. (List variable costs before fixed costs.) PHAROAH COMPANY Selling Expense Flexible Budget Performance Report Diff Fav Unfa Neither Budget Actual nor Uni 5