Question
sheridan Company budgeted selling expenses of $30,300 in January, $34,900 in February, and $40,200 in March. Actual selling expenses were $31,600 in January, $34,600 in
sheridan Company budgeted selling expenses of $30,300 in January, $34,900 in February, and $40,200 in March. Actual selling expenses were $31,600 in January, $34,600 in February, and $46,300 in March. The company considers any difference that is less than 5% of the budgeted amount to be immaterial.
Preparea selling expense report that compares budgeted and actual amounts by month and for the year to date.
SHERIDAN COMPANY Selling Expense ReportFor the Quarter Ending March 31
By MonthYear-to-Date
Month BudgetActual DifferenceBudgetActual Difference
January $ $ $ $ $ $
February $ $ $ $ $ $
March $ $ $ $ $ $
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