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Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual 8,100 9,000 Sales in units 900 Favorable Variable expenses Sales commissions $1,620 $2,250 $630 Unfavorable Advertising expense

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Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual 8,100 9,000 Sales in units 900 Favorable Variable expenses Sales commissions $1,620 $2,250 $630 Unfavorable Advertising expense 810 720 90 Favorable Travel expense Free samples given out 3,888 1,782 8,100 3,600 990 7,560 288 Favorable 792 Favorable 540 Favorable Total variable Fixed expenses Rent 1,500 1,500 -0-Neither Favorable nor Unfavorable Sales salaries 1,300 1,300 -0- Neither Favorable nor Unfavorable Office salaries 600 600 -O- Neither Favorable nor Unfavorable Depreciation-autos (sales staff) 500 500 -O-Neither Favorable nor Unfavorable -- Neither Favorable nor Unfavorable Total fixed 3,900 3,900 Total expenses $12,000 $11,460 $540 Favorable 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.) SORIA COMPANY Selling Expense Flexible Budget Report Clothing Department For the Month Ended October 31, 2020 Differe Favora Unfavor Neither Fa nor Unfav Budget Actual 8 * $ 63% (*) Mon 3:31 PM Blake a kmarks People Tab Window Help Ch 10: Po 10 * Q ACCT 2 TEST 3 Flashcards | 1427/assignments/3836938?module_item_id=12235756 x + SIVNA Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual 8,100 9,000 Sales in units 900 Favorable Variable expenses Sales commissions $1,620 $2,250 $630 Unfavorable Advertising expense 810 720 90 Favorable Travel expense Free samples given out 3,888 1,782 8,100 3,600 990 7,560 288 Favorable 792 Favorable 540 Favorable Total variable Fixed expenses Rent 1,500 1,500 -0-Neither Favorable nor Unfavorable Sales salaries 1,300 1,300 -0- Neither Favorable nor Unfavorable Office salaries 600 600 -O- Neither Favorable nor Unfavorable Depreciation-autos (sales staff) 500 500 -O-Neither Favorable nor Unfavorable -- Neither Favorable nor Unfavorable Total fixed 3,900 3,900 Total expenses $12,000 $11,460 $540 Favorable 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.) SORIA COMPANY Selling Expense Flexible Budget Report Clothing Department For the Month Ended October 31, 2020 Differe Favora Unfavor Neither Fa nor Unfav Budget Actual 8 * $ 63% (*) Mon 3:31 PM Blake a kmarks People Tab Window Help Ch 10: Po 10 * Q ACCT 2 TEST 3 Flashcards | 1427/assignments/3836938?module_item_id=12235756 x + SIVNA

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