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Exercise 22-5 advertising 4%, traveling 4%, and Fallon Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range rom 173,900
Exercise 22-5 advertising 4%, traveling 4%, and Fallon Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range rom 173,900 to $210,200 variable oosts and their percentage relationship to sales are sales commissions 79 delivery 2%. Fixed seling expenses will consist of sales salaries $35,500, depreciation on delivery equipment $7,300, and insurance on delivery equipment $2,000. Prepare a monthly flexible budget for each12,100 increment of sales within the relevant range for the year ending December 31, 2017, (List variable costs before fixed costs.) FALLON COMPANY Monthly Selling Expense Flexible Budget For the Year 2017
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