The actual selling expenses incurred in March 2017 by Fallon Company are as follows.

Variable Expenses				Fixed Expenses
Sales commissions		$10,910		Sales salaries		$35,100
Advertising		10,220		Depreciation		7,200
Travel		6,720		Insurance		1,300
Delivery		3,470

(a) Prepare a flexible budget performance report for March, assuming that March sales were $168,000. Variable costs and their percentage relationship to sales are sales commissions 6%, advertising 6%, traveling 4%, and delivery 2%. Fixed selling expenses will consist of sales salaries $35,100, Depreciation on delivery equipment $7,200, and insurance on delivery equipment $1,300. (List variable costs before fixed costs.)

(b) Prepare a flexible budget performance report, assuming that March sales were $176,100. (List variable costs before fixed costs.)

The actual selling expenses incurred in March 2017 by Fallon Company are as follows Variable Expenses Fixed Expenses Sales commissions $35,100 $10,910 Sales salaries 7,200 Advertising 10,220 Depreciation 6,720 Insurance Travel 1,300 Delivery 3,470 (a) Prepare a flexible budget performance report for March, assuming that March sales were $168,000. Variable costs and their percentage relationship to sales are sales commissions 6%, advertising 6%, traveling 4%, and delivery 2%. Fixed selling expenses will consist of sales salaries $35, 100, Depreciation on delivery equipment $7,200, and insurance on delivery equipment $1,300. (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 Actual Budget nor Unfavorable Activate Windows Go to Settings to activate Windows