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The actual selling expenses incurred in March 2020 by Fallon Company are as follows. (a) Prepare a flexible budget performance report for March, assuming that
The actual selling expenses incurred in March 2020 by Fallon Company are as follows. (a) Prepare a flexible budget performance report for March, assuming that March sales were $166,500. 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 $35,400, Depreciation on delivery equipment $7,000, and insurance on delivery equipment $2,000. (List variable costs before fixed costs.) Differ Favol Unfavi Neither F Budget Actual nor Unfa $ $ $ $ $ $ $ $ Selling Expense Flexible Budget Report For the Month Ended March 31, 2020 Difference Favorable Unfavorable Neither Favoral Budget Actual nor Unfavorab $ $ $ $ $
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