Fixed Expenses $10,870 $35,500 0,080 Depreciation 6,680 Insurance (a) Prepare a flexible budget performance report for March, assuming that March sales were $167,000. Variable costs and their percentage relationship to sales are sales commissions 6%, advertising 6%, traveling 4%, and delivery 2%. Fixed selling expenses will consist of sales laries $35,500, Depreciation delivery equipment $7,500, and delivery equipment $1,400. (List ts before fixed ts.) FALLON COMPANY Selling Expense Flexible Budget Report For the Month Ended March 31 2017 Diffe Unf Unf ble Costs Sales Commissions Delivery Total Variable Costs Fixed Costs Sales Salaries Depreciation Insurance Total Fixed costs Total Costs (b) Prepare a flexible budget performance report, assuming that March sales were $175,000. (List variable costs before fixed costs.) FALLON COMPANY Selling Expense Flexible Budget Report For the Month Ended March 31 2017 Differ Unf Neither F Unf Bakes a ble Costs Sales Commissions Delivery Total Variable Costs Fixed Costs Sales Salaries Depreciation Insurance Total Fixed Costs Total costs s