The actual selling expenses incurred in March 2020 by Fallon Company are as follows. Variable Expenses Sales commissions $10,880 Advertising 10,040 Travel 6,660 Delivery 3,410 Fixed Expenses Sales salaries $35,400 Depreciation 7,000 Insurance 2,000 (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.) FALLON COMPANY Selling Expense Flexible Budget Report For the Month Ended March 31, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual $ Budget Actual nor Unfavorable A $ $ > $ A A