Clothing Department Budget Report For the Month Ended October 31, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Actual Budget 7,500 11,000 3,500 Favorable Sales in units Variable expenses Sales commissions Advertising expense Travel expense Free samples given out $1,950 975 3,600 1,200 $2,970 1,210 3,850 1,540 9,570 $1,020 Unfavorable 235 Unfavorable 250 Unfavorable 340 Unfavorable 7,725 1,845 Unfavorable Total variable Fixed expenses Rent Sales salaries Office salaries Depreciation-autos (sales staff) 1,500 1.300 1,500 1,300 900 600 900 600 -O- Neither Favorable nor Unfavorable -O- Neither Favorable nor Unfavorable -O- Neither Favorable nor Unfavorable -O- Neither Favorable nor Unfavorable -O- Neither Favorable nor Unfavorable $1,845 Unfavorable Total fixed 4,300 $12,025 4,300 $13,870 Total expenses As a result of this budget report, Joe 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. Joe 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 Joe. (List variable costs before fixed costs.) SORIA COMPANY Selling Expense Flexible Budget Rep Clothing Department For the Month Ended October 31, 20 Budget Actual Variable Expenses Sales Commissions $ $ $ Advertising Expense Travel Expense Sales Commissions Sales Salaries Sales Commissions Sales Salaries Depreciation-Sale Staff Autos Total Fixed Expenses Total Expenses $ $ e Textbook and Media Save for Later Attempts: 1 of 3 used Submit Answer Sales Salaries Office Salaries Advertising Expense Travel Expense Depreciation Sale Staff Autos Variable Expenses Fixed Expenses Rent Sales Commissions Sales in Units Total Variable Expenses Free Samples Total Expenses Total Fixed Expenses