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

Variable Expenses				Fixed Expenses
Sales commissions		$11,440		Sales salaries		$36,400
Advertising		7,176		Depreciation		7,280
Travel		5,304		Insurance		1,040
Delivery		3,588

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 $36,400, Depreciation on delivery equipment $7,280, and insurance on delivery equipment $1,040. (a) Prepare a flexible budget performance report for March, assuming that March sales were $176,800. (List variable costs before fixed costs.)

(b) Prepare a flexible budget performance report, assuming that March sales were $187,200. (List variable costs before fixed costs.)

The actual selling expenses incurred in March 2022 by Pronghorn Company are as follows. Variable Expenses Sales commissions Advertising Travel Delivery $11,440 7,176 5,304 3,588 Fixed Expenses Sales salaries $36,400 7,280 Depreciation Insurance 1,040 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 $36,400, Depreciation on delivery equipment $7,280, and insurance on delivery equipment $1,040. (a) Prepare a flexible budget performance report for March, assuming that March sales were $176,800. (List variable costs before fixed costs.) Budget PRONGHORN COMPANY Selling Expense Flexible Budget Report March 31, 2022 Actual Differ Favor Unfavo Neither F nor Unfa ommissions ising $ $ Budget 10608 PRONGHORN COMPANY Selling Expense Flexible Budget Report March 31, 2022 $ $ Actual $ Difference Favorable Unfavorable Neither Favorable nor Unfavorable y alaries iation ice $ $ $ (b) Prepare a flexible budget performance report, assuming that March sales were $187,200. (List variable costs before fixed costs.) PRONGHORN COMPANY Selling Expense Flexible Budget Report Differ (b) Prepare a flexible budget performance report, assuming that March sales were $187,200. (List variable costs before fixed costs.) MODI $ $ Budget PRONGHORN COMPANY Selling Expense Flexible Budget Report $ $ Actual $ Differ Favor Unfavo Neither Fa nor Unfa eTextbook and Media v v 00000 A