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Exercise 10-2 a Your answer is partially correct. Try again. Crede Company budgeted selling expenses of $30,800 in January, $34,300 in February, and $39,200 in
Exercise 10-2 a Your answer is partially correct. Try again. Crede Company budgeted selling expenses of $30,800 in January, $34,300 in February, and $39,200 in March. Actual selling expenses were $32,800 in January, $33,880 in February, and $46,100 in March. The company considers any difference that is less than 5% of the budgeted amount to be immaterial. 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 For selling Expense Reports By Month Year-to-Date Month Budget Actual Difference Budget Actual Difference January T Unfavorable A 32800 29% Unfavorable January February 1 March February 30800T 34300 38200 34300 32800 33880 16100 -2000 Unfavorable 420 Favorable 690) Tunfavorable Favorable 1 3 0800 34300 10500 1 33880 33% | Unfavorable Unfavorable L March 39200 461001 -6900 Unfavorable 106000 46100 6100 Unfavorable Click if you would like to Show Work for this question: Open Show Work
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