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Vaughn Company budgeted selling expenses of $30,600 in January, $35,600 in February, and $40,800 in March. Actual selling expenses were $31,800 in January, $35,160 in
Vaughn Company budgeted selling expenses of $30,600 in January, $35,600 in February, and $40,800 in March. Actual selling expenses were $31,800 in January, $35,160 in February, and $47,800 in March. The company considers any difference that is less than 5% of the budgeted amount to be immaterial. Prepare a selling expense report that compares budgeted and actual amounts by month and for the year to date. VAUGHN COMPANY Selling Expense Report For the Quarter Ending March 31 By Month Year-to-Date Month Budget Actual Difference Budget Actual Difference January $ $ $ $ $ $ February $ $ $ $ $ $ March $ $ $ $ $ $
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