Crede Company budgeted selling expenses of $30,000 in January, $35,000 in February and $40,000 in March Actual selling expenses were $31,200 in January, $34,525 in February, and $46,000 in March. The company considers any difference that is less than 5% of the budgeted amount to be immaterial. What is the purpose of the selling expense report, and who would be the primary recipient? What would be the likely result of management's analysis of the report