Question 4 The actual selling expenses incurred in March 2017 by Ayayai Company are as follows. Variable Expenses Fixed Expenses Sales commissions $10,700 Sales salaries $34,500 9,950 Advertising Depreciation 6,500 Travel 6,600 Insurance 1,000 Delivery 3,350 Prepare a flexible budget performance report for March, assuming that March sales were $165,000. Variable costs and th relationship to sales are sales commissions 6%, advertising 6%, traveling 4%, and delivery 2%. Fixed selling expenses will c salaries $34,500, Depreciation on delivery equipment $6,500, and insurance on delivery equipment $1,000. (List variable co- costs.) AYAYAI COMPANY Selling Expense Flexible Budget Report