Current Attempt in Progress The actual selling expenses incurred in March 2020 by Fallon Company are as follows. Variable Expenses Fixed Expenses Sales commissions $12,576 Sales salaries $35,400 Advertising 11,876 Depreciation 7,500 Travel Delivery 8,390 Insurance 2,000 3,446 (a) Prepare a flexible budget performance report for March, assuming that March sales were $167,800. Variable costs and their percentage relationship to sales are sales commissions 7%, advertising 7%, traveling 5%, and delivery 2%. Fixed selling expenses will consist of sales salaries $35,400, Depreciation on delivery equipment $7,500, and insurance on delivery equipment $2,000. (List variable costs before fixed costs.) $ FALLON COMPANY Selling Expense Flexible Budget Report For the Month Ended March 31, 2020 Budget Actual $ Difference Favorable Unfavorabl Neither Favori nor Unfavora (b) Prepare a flexible budget performance report, assuming that March sales were $175,400. (List variable costs before fixed costs.) > > > > > > > > $ $ Textbook and Modis FALLON COMPANY Selling Expense Flexible Budget Report For the Month Ended March 31, 2020 Budget Actual $ Differe Favoral Unfavori Neither Fav nor Unfav