The actual selling expenses incurred in March 2022 by Martinez Company are as follows.

Variable Expenses				Fixed Expenses
Sales commissions		$10,560		Sales salaries		$33,600
Advertising		6,624		Depreciation		6,720
Travel		4,896		Insurance		960
Delivery		3,312

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 $33,600, Depreciation on delivery equipment $6,720, and insurance on delivery equipment $960. (a) Prepare a flexible budget performance report for March, assuming that March sales were $163,200. (List variable costs before fixed costs.)

MARTINEZ COMPANY Selling Expense Flexible Budget Report choose the accounting period

						Difference
		Budget		Actual		Favorable Unfavorable Neither Favorable nor Unfavorable
select an opening flexible budget report item

		$enter a dollar amount		$enter a dollar amount
select an opening name for section one

select a flexible budget report item

		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount	select an option

select a flexible budget report item

		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an option

select a flexible budget report item

		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an option

select a flexible budget report item

		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an option

select a closing name for section one

		enter a total amount for section one		enter a total amount for section one		enter a dollar amount	select an option

select an opening name for section two

select a flexible budget report item

		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an option

select a flexible budget report item

		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an option

select a flexible budget report item

		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an option

select a closing name for section two

		enter a total amount for section two		enter a total amount for section two		enter a dollar amount	select an option

select a closing flexible budget report item

		$enter a total amount for this report		$enter a total amount for this report		$enter a total amount for this report	select an option

(b) Prepare a flexible budget performance report, assuming that March sales were $172,800. (List variable costs before fixed costs.)

MARTINEZ COMPANY Selling Expense Flexible Budget Report choose the accounting period

						Difference
		Budget		Actual		Favorable Unfavorable Neither Favorable nor Unfavorable
select an opening flexible budget report item

		$enter a dollar amount		$enter a dollar amount
select an opening name for section one

select a flexible budget report item

		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount	select an option

select a flexible budget report item

		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an option

select a flexible budget report item

		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an option

select a flexible budget report item

		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an option

select a closing name for section one

		enter a total amount for section one		enter a total amount for section one		enter a dollar amount	select an option

select an opening name for section two

select a flexible budget report item

		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an option

select a flexible budget report item

		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an option

select a flexible budget report item

		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an option

select a closing name for section two

		enter a total amount for section two		enter a total amount for section two		enter a dollar amount	select an option

select a closing flexible budget report item

		$enter a total amount for this report		$enter a total amount for this report		$enter a total amount for this report	select an option