Question 25 View Policies Current Attempt In Progress Cadiz Couses flexible budgets to control its selling expenses. Monthly sales are expected to be from $300,000 to $360,000. Variable costs and their percentage relationships to sales are Sales commissions 5% Advertising Traveling Delivery Fixed selling expenses consist of sales salaries $40,000 and depreciation on delivery equipment $10,000 The actual selling expenses incurred in February, 2019. by Cadiz are as follows: Sales commissions Advertising Traveling Delivery $17200 12.000 23.700 2.400 Fixed selling expenses consist of sales salaries 541,500 and depreciation on delivery equipment $10,000 Prepare a flexible budget performance report assuming that February sales were $330.000 st variable penses before fed expenses.) CADIZ CO. Selling Expense Budget Report (Flexible) For the Month Ended February 28, 2019 CADIZ CO. Selling Expense Budget Report (Flexible) For the Month Ended February 28, 2019 Difference Favorable (F) Unfavorable (U) Not Applicable (NA)