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View Policies Current Attempt in Progress Crede Company budgeted selling expenses of $30.000 in January. $35,000 in February, and $40,000 in March. Actual selling expenses were $31,200 in January, $34,525 in February, and $46.000 in March. The company considers any difference that is less than 5% of the budgeted amount to be immaterial. What is the purpose of the selling expense report, and who would be the primary recipient? B y 99 0 Words) eTextbook and Media What would be the likely result of management's analysis of the report? CREDE COMPANY Selling Expense Report For the Quarter Ending March 31 By Month Year-to-Date Month Budget Actual Difference Budget Actual Difference January $30,000 $31,200 $1.200 U $30,000 $31,200 $1,200 U February $35.000 $34.525 $475 F $65.000 $65.725 $725 U March $40,000 $46,000 $6.000 U $105,000 $111,725 $6.725 U B y T 2 99 eTextbook and Media Save for Later Attempts: unlimited Submit