Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

As sales manager, Kajsa Keyser was given the following static budget report for selling expenses in the clothing department of Dunham Company for the month

image text in transcribed
image text in transcribed
image text in transcribed
As sales manager, Kajsa Keyser was given the following static budget report for selling expenses in the clothing department of Dunham Company for the month of October DUNHAM COMPANY Clothing Department Budget Report Month Ended October 31, 2020 Difference Favourable Unfavourable Neither Favourable Budget Actual nor Unfavourable Sales in units 7.500 11,000 3,500 Favourable Variable costs Sales commissions $1,950 $2,970 $1,020 Unfavourable Advertising expense 975 1,210 235 Unfavourable Travel expense 3,600 3,850 250 Unfavourable Free samples given out 1,200 1,540 340 Unfavourable Total variable costs 7.725 9,570 1,845 Unfavourable Fixed costs Rent 1,500 1,500 -0- Neither Favourable nor Unfavourable Sales salaries 1,300 1,300 -0- Neither Favourable nor Unfavourable Office salaries 900 900 -0- Neither Favourable nor Unfavourable Depreciation-vehides sales starfi 600 600 -O- Neither Favourable nor Unfavourable Totalfixed costs 4,300 4,300 40. Neither Favourable nor Unfavourable Total costs $12025 $13,870 $1845 Unfavourable As a result of this budget report, Kase was called into the president's office and congratulated on her fine sales performance She was reprimanded however, forallowing her costs to get out of control Kejse knewsomething was wrong with the performance report thatshe had been given. However she was not sure what to do and has come to you for advke. Prepare a budget report based on flexible budeetdata to help saat variable costs before fixed costs DUNHAM COMPANY Selling Expense Flexible Budget Report Clothing Department For the Month Ended October 31, 2020 Difference Favourable Inlay | oh Neither Favourable nor Unfavourable Eludget Actual > > $ $ $ Question 1 of 2 DUNHAM COMPANY Selling Expense Flexible Budget Report Clothing Department For the Month Ended October 31, 2020 Deference Favourable Unfavourable Neither Favourable nor Unfavourable Budget Actual Nether work so norte Favorab Uavourab

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Concept Audits A Philosophical Method

Authors: Nicholas Rescher

1st Edition

1498540392, 978-1498540391

More Books

Students also viewed these Accounting questions