Question
Blue Spruce Company budgeted selling expenses of $24,600 in January, $28,700 in February, and $32,800 in March. Actual selling expenses were $25,580 in January, $28,310
Blue Spruce Company budgeted selling expenses of $24,600 in January, $28,700 in February, and $32,800 in March. Actual selling expenses were $25,580 in January, $28,310 in February, and $37,720 in March. The company considers any difference that is less than 5% of the budgeted amount to be immaterial. Prepare a selling expense report that compares budgeted and actual amounts by month and for the year to date.
BLUE SPRUCE COMPANY Selling Expense Report choose the accounting period For the Quarter Ending March 31For the Year Ending March 31For the Month Ending March 31 | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
By Month | Year-to-Date | |||||||||||||||
Month | Budget | Actual | Difference | Budget | Actual | Difference | ||||||||||
January | $enter a dollar amount | $enter a dollar amount | $enter the difference | select an option FavorableUnfavorableNeither favorable nor unfavorable | $enter a dollar amount | $enter a dollar amount | $enter the difference | select an option Neither favorable nor unfavorableFavorableUnfavorable | ||||||||
February | $enter a dollar amount | $enter a dollar amount | $enter the difference | select an option UnfavorableNeither favorable nor unfavorableFavorable | $enter a dollar amount | $enter a dollar amount | $enter the difference | select an option FavorableUnfavorableNeither favorable nor unfavorable | ||||||||
March | $enter a dollar amount | $enter a dollar amount | $enter the difference | select an option FavorableNeither favorable nor unfavorableUnfavorable | $enter a dollar amount | $enter a dollar amount | $enter the difference | select an option Neither favorable nor unfavorableFavorableUnfavorable |
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