The actual selling expenses incurred in March 2020 by Fallon Company are as follows. Variable Expenses Fixed Expenses Sales commissions $14,178 Sales salaries $35,000 10,036 Depreciation Advertising 7,200 8,305 Insurance Travel 1300 Delivery 3,382 (a) Prepare a flexible budget performance report for March, assuming that March sales were $166,100. Variable costs and their percentage relationship to sales are sales commissions 8% , advertising 6 %, traveling 5% , and delivery 29%. Fixed selling expenses will consist of sales salaries $35,000. 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, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual $ (b) Prepare a flexible budget performance report, assuming that March sales were $174,100. (List variable costs before fixed costs) FALLON COMPANY Selling Expense Flexible Budget Report For the Month Ended March 31, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual $ $ $ The actual selling expenses incurred in March 2020 by Fallon Company are as follows. Variable Expenses Fixed Expenses Sales commissions $14,178 Sales salaries $35,000 10,036 Depreciation Advertising 7,200 8,305 Insurance Travel 1300 Delivery 3,382 (a) Prepare a flexible budget performance report for March, assuming that March sales were $166,100. Variable costs and their percentage relationship to sales are sales commissions 8% , advertising 6 %, traveling 5% , and delivery 29%. Fixed selling expenses will consist of sales salaries $35,000. 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, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual $ (b) Prepare a flexible budget performance report, assuming that March sales were $174,100. (List variable costs before fixed costs) FALLON COMPANY Selling Expense Flexible Budget Report For the Month Ended March 31, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual $ $ $