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Ivanhoe Company budgeted selling expenses of $31,000 in January, $35,800 in February, and $39,200 in March. Actual selling expenses were $32,600 in January, $35,290 in
Ivanhoe Company budgeted selling expenses of $31,000 in January, $35,800 in February, and $39,200 in March. Actual selling expenses were $32,600 in January, $35,290 in February, and $47,000 in March. (a) Prepare a selling expense report that compares budgeted and actual amounts by month and for the year to date. By Month Unfavourable Favourable Unfavourable Year-to-Date Budget Actual Difference $ $
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