Exercise 10-9 As sales manager, Joe Batista was given the following static budget report for selling expenses in the Clothing Department of Soria Company for the month of October. SORIA COMPANY dothing Department Budget Report For the Month Ended October 31, 2017 Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual 7,800 11,000 3,200 Favorable Sales in units Variable expenses Sales commissions Advertising expense Travel expense Free samples given out $1,716 $2,640 $924 Unfavorable 780 1,100 320 Unfavorable 3,744 4,950 1,206 Unfavorable 1,482 1,210 272 Favorable 7,722 9,900 2,178 Unfavorable Total variable Fixed expenses Rent Sales salaries Office salaries Depreciation-autos (sales staff) -0- Neither Favorable nor Unfavorable -0- Neither Favorable nor Unfavorable 900 -0 Neither Favorable nor Unfavorable -0- Neither Favorable nor Unfavorable -0- Neither Favorable nor Unfavorable 1,700 1,400 900 600 4,600 1,700 1,400 600 4,600 Total fixed $12,322 $14,500 $2,178 Unfavorable Total expenses As a result of this budget report, Joe was called into the president's office and congratulated on his fine sales performance. He was reprimanded, however, for allowing his costs to get out of control. Joe knew something was wrong with the performance report that he had been given. However, he was not sure what to do, and comes to you for advice Prepare a budget report based on flexible budget data to help Joe. (List variable costs before fixed costs. Do not leave any answer field blank. Enter 0 for amounts.) SORIA COMPANY Selling Expense Flexible Budget Report Clothing Department For the Month Ended October 31, 2017 Favorable Unfavorable Neither Favorable nor Unfavorable Actual Budget