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Exercise 25 02 a Lily Company budgeted selling expenses of $29,500 in January, $35,600 in February, and $39,300 in March. Actual selling expenses were $31,200

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Exercise 25 02 a Lily Company budgeted selling expenses of $29,500 in January, $35,600 in February, and $39,300 in March. Actual selling expenses were $31,200 in January, $35,110 in February, and $46,400 in March. The company considers any difference that is less than 5% of the budgeted amount to be immaterial. Prepare a selling expense repcrt that compares budgeted and actual amounts by month and for the year to date. LTLY COMPANY Selling Expense Report For the Quarter Ending March 31 Month Year-to-Date Month Budget Actual Budget Actual Difference anuary $ February s Marchs Click if you would like to Show Work for this question: Open Show Work

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