Question 11 The actual selling expenses incurred in March 2017 by Fallon Company are as follows. Variable Expenses Fixed Expenses Sales commissions $14,688 Sales salaries 34,600 Advertising Travel Delivery 10,476 Depreciation 6,600 6,924 Insurance 2,000 3.552 a) Prepare a flexible budget performance report for March, assuming that March sales were $ 173 10 Variable costs and their percentage relationship to sales are sales commissions 8%, advertising 6%, traveling 4%, and delivery 2%. Fixed selling expenses will consist of sales salaries $ 34.600. Depreciation on delivery equipment $ 6.600, and insurance on delivery equipment $ 2.000. List variable costs before fixed costs) FALLON COMPANY Selling Expense Flexible pudget Report For the Month Ende 31, 2017 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual (b) Prepare a flexible budget performance report, assuming that March sales were $ 182,100. (List variable costs before fixed costs.) FALLON COMPANY Selling Expense Flexible Budget Report For the Month Ended March 31, 2017 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual