Question 7 of 13 As sales manager, Joe Batista was given the following static budget report for selling expenses in the Clothing Departme Company for the month of October SORIA COMPANY Clothing Department Budget Report For the Month Ended October 31, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual 8,300 11,000 2,700 Favorable $1.992 $2,860 $868 Unfavorable 380 Unfavorable 830 1.210 3,320 3,850 530 Unfavorable 1.992 1.430 562 Favorable Sales in units Variable expenses Sales commissions Advertising expense Travel expense Free samples given out Total variable Fixed expenses Rent Sales salaries Office salaries Depreciation-autos (sales staff) 8,134 9.350 1,216 Unfavorable 1.100 1.100 1.200 1.200 -O- Neither Favorable nor Unfavorable -0- Neither Favorable nor Unfavorable -0. Neither Favorable nor Unfavorable 900 900 400 400 -0. Neither Favorable nor Unfavorable Question 7 of 13 - /0.75 E 1,992 1,430 562 Favorable 1.216 Unfavorable 8,134 9.350 Free samples given out Total variable Fixed expenses Rent Sales salaries Office salaries 1,100 1,100 1.200 1,200 900 900 -0- Neither Favorable nor Unfavorable -0. Neither Favorable nor Unfavorable -0- Neither Favorable nor Unfavorable -0- Neither Favorable nor Unfavorable -0. Neither Favorable nor Unfavorable $1.216 Unfavorable Depreciation-autos (sales staff) 400 400 3,600 3,600 Total fixed Total expenses $11,734 $12.950 As a result of this budget report, Joe was called into the president's office and congratulated on his fine sales performance. He was reprimanded, however, for allowing his costs to get out of control. Joe knew something was wrong with the performance report that he had been given. However, he was not sure what to do, and comes to you for advice. Prepare a budget report based on flexible budget data to help Joo (List variable costs before fixed costs.) SORIA COMPANY Selling Expense Flexible Budget Report Clothing Department For the Month Ended October 31, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual Question 7 of 13 - /0.75 E Budget Actual nor C >> $ $ > > > Actual nor Unfavorable Neither favorable nor Unfavorable Unfavorable Favorable $ $