Exercise 10-6 The actual selling expenses incurred in March 2017 by Fallon Company are as follows. Variable Expenses Fixed Expenses Sales commissions Advertising Travel Delivery $11,116 Sa salaries 12,012 Depreciation 6,824 Insurance $34,500 6,700 1,900 3,472 (a) Prepare a flexible budget performance report for March, assuming that March sales were $170,600. Variable costs and their percentage relationship to sales are sales commissions 6% advertising 79 , traveling 4%, and delivery 296. Fixed selling expenses will consist of sales salaries 3 500 De reci on on deliver equipment 5,70 insumnce on delivery equipment 1 90lirdList variable csts before fixein c estpenses Will onsist of sales salaries 34,500, Depreciation ondelivery equipment 56,70, and and nsurance on delivery equipment $1,900. (List variable costs before fixed costs) FALLON COMPANY Selling Expense Flexible Budget Report For the Month Ended March 31, 2017