As sales manager, Hank Short was given the following static budget report for selling expenses in the Winter Sports Department of Jennings Outdoor Company for the month of November. Jennings Outdoor Company Winter Sports Department Budget Report For the Month Ended November 30, 2020 Budget 3,900 Actual 4,500 Difference Favorable F Unfavorable U 600 F $113,100 $122,800 35,100 39,100 187,200 209,700 105,300 99,500 440,700 471,100 $9,700 U 4,000 U 22,500 U 5,800 F 30,400 U Sales in units Variable expenses Sales commissions Advertising expense Travel expense Demonstration models given out Total variable Fixed expenses Rent Sales salaries Office salaries Depreciation - vans (sales staff) Total fixed Total expenses 7,200 7,200 59,700 59,700 40,100 40,100 2,400 2,900* 109,400 109,900 $550,100 $581,000 -O- -O- 500 U 500 U $30,900 U *The increase in depreciation was due to a new vehicle that had to be purchased as a result of an accident driving on snowy roads on the way to visit a customer. As a result of this budget report, Hank was called into the president's office and congratulated on his fine sales performance. He was reprimanded, however, for allowing his costs to get out of control. Hank knew something was wrong with the performance report that he had been given. However, he was not sure what to do, and comes to you for advice. Prepare a budget report based on flexible budget data to help Hank. (Round per unit answers to 2 decimal places, eg 15.25.) Jennings Outdoor Company Winter Sports Department Flexible Budget Report Difference Favorable Unfavorable Neither Favorable nor Unfavorable Per Unit Budget Actual e Textbook and Media