NEEDS TO BE ANSWERED ASAP

The actual selling expenses incurred in March 2017 by Fallon Company are as follows.

Variable Expenses				Fixed Expenses
Sales commissions		$14,178		Sales salaries		$35,000
Advertising		10,036		Depreciation		7,200
Travel		8,305		Insurance		1,300
Delivery		3,382

(a) Prepare a flexible budget performance report for March, assuming that March sales were $166,100. Variable costs and their percentage relationship to sales are sales commissions 8%, advertising 6%, traveling 5%, and delivery 2%. Fixed selling expenses will consist of sales salaries $35,000, Depreciation on delivery equipment $7,200, and insurance on delivery equipment $1,300

(b) Prepare a flexible budget performance report, assuming that March sales were $174,100

DI get Repo For the Month Ended March 31, 2017 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budg Actual