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(b) Prepare a flexible budget performance report, assuming that March sales were $182,000. Variable costs and their percentage relationship to sales are sales commissions
(b) Prepare a flexible budget performance report, assuming that March sales were $182,000. Variable costs and their percentage relationship to sales are sales commissions 8%, advertising 7%, travelling 4%, and delivery 2%. Fixed selling expenses consist of sales salaries $34,700; depreciation on delivery equipment $6,500; and insurance on delivery equipment $1,100. Expected and actual sales are the same. (List variable costs before fixed costs.)
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