The actual selling expenses incurred in March 2022 by Cheyenne Company are as follows. Variable Expenses Fixed Expenses Sales commissions $9,680 Sales salaries $30,800 Advertising 6,072 Depreciation 6,160 Travel 4,488 Insurance 880 Delivery 3,036 Variable costs and their percentage relationship to sales are sales commissions 6%, advertising 4%, travel 3%, and delivery 2%. Fixed selling expenses will consist of sales salaries $30,800, Depreciation on delivery equipment $6,160, and insurance on delivery equipment $880. (a) Prepare a flexible budget performance report for March, assuming that March sales were $149,600. (List variable costs before fixed costs.) CHEYENNE COMPANY Selling Expense Flexible Budget Report Diffe Favo Unfav Neither! nor Unf: Budget Actual $ $ > $ $ $ CHEYENNE COMPANY Selling Expense Flexible Budget Report Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual $ $ $ $ (b) Prepare a flexible budget performance report, assuming that March sales were $158,400. (List variable costs before fixed costs.) CHEYENNE COMPANY Selling Expense Flexible Budget Report Dif Fai Unfi Neithe nor UI Budget Actual $ $ > $ $ > $ $ $ (b) Prepare a flexible budget performance report, assuming that March sales were $158,400. (List variable costs before fixed costs.) CHEYENNE COMPANY Selling Expense Flexible Budget Report Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual $ $ $ >