Current Attempt In Progress The actual selling expenses incurred in March 2020 by Fallon Company are as follows. Variable Expenses Fixed Expenses Sales commissions $14,178 Sales salaries $35,000 Advertising 10,036 Depreciation 7,200 Travel 8,305 Insurance 1,300 Delivery 3,382 (a) Prepare a flexible budget performance report for March, assuming that March sales were $166,100. Variable costs and their percentage relationship to sales are sales commissions 8%, advertising 6%, traveling 5%, and delivery 2%. Fixed selling expenses will consist of sales salaries $35,000, Depreciation on delivery equipment $7,200, and insurance on delivery equipment $1,300. (List variable costs before fixed costs.) (a) Prepare a flexible budget performance report for March, assuming that March sales were $166,100. Variable costs and their percentage relationship to sales are sales commissions 8%, advertising 6%, traveling 5%, and delivery 2%. Fixed selling expenses will consist of sales salaries $35,000, Depreciation on delivery equipment $7,200, and insurance on delivery equipment $1,300. (List variable costs before found costs.) FALLON COMPANY Selling Expense Flexible Budget Report For the Month Ended March 31, 2020 Sales Commissions Advertising Depreciation Delivery Fixed Expenses Insurance Sales Sales Commissions Sales Salarles Total Expenses Total Fixed Expenses Total Variable Expenses Travel Varlable Expenses < Budget Actual $ U Neit nor (b) Prepare a flexible budget performance report, assuming that March sales were $174,100. (List variable costs before fixed costs.) FALLON COMPANY Selling Expense Flexible Budget Report For the Month Ended March 31, 2020 Advertising Depreciation Delivery Fbed Expenses Insurance Sales Sales Commissions Sales Salaries Total Expenses Total Floed Expenses Total Variable Expenses Travel Variable Expenses Budget Actual $ $ U Neit nor The actual selling expenses incurred in March 2020 by Fallon Company are as follows. Varlable Expenses Fixed Expenses Sales commissions $14,178 Sales salaries $35,000 Advertising 10,036 Depreciation 7,200 Travel 8,305 Insurance 1,300 Delivery 3,382 (a) Prepare a flexible budget performance report for March, assuming that March sales were $166,100. Variable costs and their percentage relationship to sales are sales commissions 8%, advertising 6%, traveling 5%, and delivery 2%. Fixed selling expenses will consist of sales salaries $35,000, Depreciation on delivery equipment $7,200, and insurance on delivery equipment $1,300. (List variable costs before fixed costs.) FALLON COMPANY Selling Expense Flexible Budget Report For the Month Ended March 31, 2020 Budget Actual U Neit nor (a) Prepare a flexible budget performance report for March, assuming that March sales were $166,100. Variable costs and their percentage relationship to sales are sales commissions 8%, advertising 6%, traveling 5%, and delivery 2%. Fixed selling expenses will consist of sales salaries $35,000, Depreciation on delivery equipment $7,200, and insurance on delivery equipment $1,300. (List variable costs before fixed costs.) Budget FALLON COMPANY Selling Expense Flexible Budget Report For the Month Ended March 31, 2020 Actual Difference Favorable Unfavorable Neither Favorable nor Unfavorable S Favorable Unfavorable Nelther Favorable nor Unfavorable (b) Prepare a flexible budget performance report, assuming that March sales were $174,100. (List variable costs before fixed costs) FALLON COMPANY Selling Expense Flexible Budget Report For the Month Ended March 31, 2020 Budget $ Actual Difference Favorable Unfavorable Neither Favorable nor Unfavorable Favorable Unfavorable Nelther Favorable nor Unfavorable