Fallon Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range from $166,400 to $201,500. Variable costs and their percentage relationship to sales are sales commissions 796, advertising 696, travel 4%, and delivery 196, Fixed selling expenses will consist of sales salaries $34,900, depreciation on delivery equipment $6,600, and insurance on delivery equipment $1,700 Prepare a monthly selling expense flexible budget for each $11,700 increment of sales within the relevant range for the year ending December 31, 2020. (List variable costs before fixed costs.) FALLON COMPANY Monthly Selling Expense Flexible Budget For the Year 2020 Activity Level 166,400 178,100 189,800 201,500 Sales Variable Expenses 13,286 14,105 Sales Commissions 11,648 12,467 748.02 797.16 9,984 Advertising 846.3 Travel 6,656 7,124 7,592 8,060 2,015 Delivery 1,664 1,781 1,898 22,120.02 25,026.3 29,952 23,573.16 Total Variable Expenses Fixed Expenses Sales Salaries 34,900 34,900 34,900 34,900 6,600 1,700 43,200 Depreciation 6,600 6,600 6,600 1,700 1,700 1,700 Insurance 43,200 43,200 43,200 Total Fixed Expenses 73,152 66,773.16 68,226.3 65,320.02 Total Expenses