The actual selling expenses incurred in March 2020 by Fallon Company are as follows. Variable Expenses Fixed Expenses Sales commissions $12,682 Sales salaries $35,200 Advertising 11,992 Depreciation 6,700 Travel 8,480 Insurance 1,300 Delivery 3,482 (a) Prepare a flexible budget performance report for March, assuming that March sales were $169,600. Variable costs and their percentage relationship to sales are sales commissions 7%, advertising 7%, traveling 5%, and delivery 2%. Fixed selling expenses will consist of sales salaries $35,200, Depreciation on delivery equipment $6,700, and Insurance on delivery equipment $1,300. (List variable costs before fixed costs.) < < < < < < Budget $ FALLON COMPANY Selling Expense Flexible Budget Report For the Month Ended March 31, 2020 Actual Difference Favorable Unfavorable Neither Favorable nor Unfavorable (b) Prepare a flexible budget performance report, assuming that March sales were $177,300. (List variable costs before fixed costs.) < < < < Budget Actual $ $ FALLON COMPANY Selling Expense Flexible Budget Report For the Month Ended March 31, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable >