The actual selling expenses incurred in March 2022 by Culver Company are as follows. Variable Expenses Fixed Expenses Sales commissions $12,760 Sales salaries $40,600 Advertising 8,004 Depreciation 8,120 Travel 5,916 Insurance 1,160 Delivery 4,002 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 $40,600, Depreciation on delivery equipment $8,120, and insurance on delivery equipment $1,160. (a) Prepare a flexible budget performance report for March, assuming that March sales were $197,200. (List variable costs before fixed costs.) (b) Prepare a flexible budget performance report, assuming that March sales were $177,300. (List variable costs before fixed costs.) FALLON COMPANY Selling Expense Flexible Budget Report For the Month Ended March 31, 2017 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual $ $ $ $ v v $ $ $ Show transcribed image text FALLON COMPANY Selling Expense Flexible Budget Report For the Month Ended March 31, 2017 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual $ $ $ $ $ $ $