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J&L, Co. uses a flexible budget to manage expenses. All variable costs are budgeted based on a percentage of sales revenue. Budgeted variable expenses
J&L, Co. uses a flexible budget to manage expenses. All variable costs are budgeted based on a percentage of sales revenue. Budgeted variable expenses are listed below at a sales level of $225,000: Commissions $15,750 Advertising 6,750 Travel 9,000 Delivery 2,250 Assuming actual sales of $300,000 and actual (total) variable expenses of $46,500, what total expense variance would the flexible budget performance report show? O $1,500 Favorable O $1,500 Unfavorable O $12,750 Unfavorable $12,750 Favorable O $63,750 Favorable
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