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

Exercise 24-6 The actual selling expenses incurred in March 2017 by Fallon Company are as follows. Fixed Expenses Variable Expenses Sales commissions $11,272 Advertising 10,552 Travel 8,685 Delivery 3,534 Sales salaries Depreciation Insurance $34,900 7,500 1,600 (a) Prepare a flexible budget performance report for March, assuming that March sales were $173,700. Variable costs and their percentage relationship to sales are sales commissions 6%, advertising 6%, traveling 5%, and delivery 2%. Fixed selling expenses will consist of sales salaries $34,900, Depreciation on delivery equipment $7,500, and insurance on delivery equipment $1,600. (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 nor Unfavorable Budget Actual (b) Prepare a flexible budget performance report, assuming that March sales were $181,000. (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 nor Unfavorable Budget Actual IBISLAMALLIC