Question
Crede Company budgeted selling expenses of $30,900 in January, $34,600 in February, and $39,100 in March. Actual selling expenses were $32,100 in January, $34,000 in
Crede Company budgeted selling expenses of $30,900 in January, $34,600 in February, and $39,100 in March. Actual selling expenses were $32,100 in January, $34,000 in February, and $46,700 in March. Prepare a selling expense report that compares budgeted and actual amounts by month and for the year to date.
| CREDE COMPANY Selling Expense Report For the Quarter Ending March 31 | ||||||||||||||||
| By Month | Year-to-Date | |||||||||||||||
| Month | Budget | Actual | Difference | Budget | Actual | Difference | ||||||||||
| January | $ | $ | $ | FavorableUnfavorableNeither favorable nor unfavorable FavorableUnfavorableNeither favorable nor unfavorable | $ | $ | $ | FavorableUnfavorableNeither favorable nor unfavorable FavorableUnfavorableNeither favorable nor unfavorable | ||||||||
| February | $ | $ | $ | FavorableUnfavorableNeither favorable nor unfavorable FavorableUnfavorableNeither favorable nor unfavorable | $ | $ | $ | FavorableUnfavorableNeither favorable nor unfavorable FavorableUnfavorableNeither favorable nor unfavorable | ||||||||
| March | $ | $ | $ | FavorableUnfavorableNeither favorable nor unfavorable FavorableUnfavorableNeither favorable nor unfavorable | $ | $ | $ | FavorableUnfavorableNeither favorable nor unfavorable FavorableUnfavorableNeither favorable nor unfavorable | ||||||||
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen and Peter Brewer
14th edition
978-007811100, 78111005, 978-0078111006
