Pargo Company budgeted selling expenses of $30,000 in January, $35,000 in February, and $40,000 in March. Actual

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Pargo Company budgeted selling expenses of $30,000 in January, $35,000 in February, and $40,000 in March. Actual selling expenses were $31,000 in January, $34,500 in February, and $47,000 in March.

Instructions

(a) Prepare a selling expense report that compares budgeted and actual amounts by month and for the year to date.

(b) What is the purpose of the report prepared in (a), and who would be the primary recipient?

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Accounting Principles

ISBN: 978-0470533475

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Sep 19, 2011 12:29 PM

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Pargo Company budgeted selling expenses of $30,000 in January, $35,000 in February, and $40,000 in March. Actual

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