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Please show work, thanks. uses flexible budgets to control its selling expenses. Monthly sales are expected to be from $305,000 to $365,000. Variable costs and

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uses flexible budgets to control its selling expenses. Monthly sales are expected to be from $305,000 to $365,000. Variable costs and their percentage relationships to sales are: 5% Sales commissions Advertising Traveling 4% 7% Delivery 1% Fixed selling expenses consist of sales salaries $45,000 and depreciation on delivery equipment $15,000 The actual selling expenses incurred in February, 2022, by Oriole are as follows: Sales commissions $17,460 Advertising 12,180 Traveling 24,060 Delivery 2,440 Fixed selling expenses consist of sales salaries $47,000 and depreciation on delivery equipment $15,000. Prepare a flexible budget performance report assuming that February sales were $335,000. (List variable expenses before fixed expenses. Do not leave any answer field blank. Enter for amounts.) Difference Favorable (F) Unfavorable (U) Not Applicable (NA) Budget Actual > > > > > $ $ $ >

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