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

5/3/2016 WileyPLUS Exercise 246 The actual selling expenses incurred in March 2017 by Fallon Company are as follows. Variable Expenses Sales commissions Advertising Fixed Expenses $14,228 10,086 Travel 8,355 Delivery 3,422 Sales salaries $35,000 Depreciation 7,200 Insurance 1,900 (a) Prepare a flexible budget performance report for March, assuming that March sales were $167,100. Variable costs and their percentage relationship to sales are sales commissions 8%, advertising 6%, traveling 5%, and delivery 2%. Fixed selling expenses will consist of sales salaries $35,000, Depreciation on delivery equipment $7,200, and insurance on delivery equipment $1,900. (List variable costs before fixed costs.) FALLON COMPANY Selling Expense Flexible Budget Report For the Month Ended March 31, 2017 Difference Budget Favorable Unfavorable Neither Favorable nor Unfavorable Actual $ $ $ $ $ $ $ $ (b) Prepare a flexible budget performance report, assuming that March sales were $175,500. (List variable costs before fixed costs.) FALLON COMPANY Selling Expense Flexible Budget Report For the Month Ended March 31, 2017 Difference Budget Favorable Unfavorable Neither Favorable nor Unfavorable Actual $ $ $ $ $ http://edugen.wileyplus.com/edugen/lti/main.uni 1/2 5/3/2016 WileyPLUS $ http://edugen.wileyplus.com/edugen/lti/main.uni $ $ 2/2