As sales manager, Joe Batista was given the following static budget report for selling expenses in...

  
 

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As sales manager, Joe Batista was given the following static budget report for selling expenses in the Clothing Department of Coronado Company for the month of October, CORONADO COMPANY Clothing Department Budget Report For the Month Ended October 31, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget 8,200 Actual Sales in units 11.000 2,800 Favorable Variable expenses Sales commissions $1.804 $2.750 $946 Unfavorable Advertising expense Travel expense 820 990 170 Unfavorable 3,772 4.950 1.178 Unfavorable Free samples given out 1.968 1,320 648 Favorable Total variable 8,364 10,010 1,646 Unfavorable Fixed expenses Rent 1.300 1,300 -0- Neither Favorable nor Unfavorable Sales salaries 1,300 1,300 -0- Neither Favorable nor Unfavorable Office salaries 800 800 -0- Neither Favorable nor Untavorable Depreciation-autos (sales staff) 400 400 -0- Neither Favorable nor Unfavorable Total fixed 3,800 3,800 -0- Neither Favorable nor Unfavorable Total expenses $13.810 $12,164 $1,646 Unfavorable As a resuit of this budget report, Joe was called into the president's office and congratulated on his fine sales performance. He was reprimanded, however, for allowing his costs to get out of control. Joe knew something was wrong with the performance report that he had been given, However, he vwas not sure what to do, and comes to you for advice. Prepare a budget report based on flexible budget data tohelp Joe. (List voriable costs before fixed costs.) Prepare a budget report based on flexible budget data to help Joe. (List variable costs before fixed costs.) CORONADO COMPANY Selling Expense Flexible Budget Report Clothing Department For the Month Ended October 31, 2020 Ni Budget Actual CORONADO COMPANY Selling Expense Flexible Budget Report Clothing Department For the Month Ended October 31, 2020 Difference Favorable Unfavorable Neither Favorable Budget Actual nor Unfavorable As sales manager, Joe Batista was given the following static budget report for selling expenses in the Clothing Department of Coronado Company for the month of October, CORONADO COMPANY Clothing Department Budget Report For the Month Ended October 31, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget 8,200 Actual Sales in units 11.000 2,800 Favorable Variable expenses Sales commissions $1.804 $2.750 $946 Unfavorable Advertising expense Travel expense 820 990 170 Unfavorable 3,772 4.950 1.178 Unfavorable Free samples given out 1.968 1,320 648 Favorable Total variable 8,364 10,010 1,646 Unfavorable Fixed expenses Rent 1.300 1,300 -0- Neither Favorable nor Unfavorable Sales salaries 1,300 1,300 -0- Neither Favorable nor Unfavorable Office salaries 800 800 -0- Neither Favorable nor Untavorable Depreciation-autos (sales staff) 400 400 -0- Neither Favorable nor Unfavorable Total fixed 3,800 3,800 -0- Neither Favorable nor Unfavorable Total expenses $13.810 $12,164 $1,646 Unfavorable As a resuit of this budget report, Joe was called into the president's office and congratulated on his fine sales performance. He was reprimanded, however, for allowing his costs to get out of control. Joe knew something was wrong with the performance report that he had been given, However, he vwas not sure what to do, and comes to you for advice. Prepare a budget report based on flexible budget data tohelp Joe. (List voriable costs before fixed costs.) Prepare a budget report based on flexible budget data to help Joe. (List variable costs before fixed costs.) CORONADO COMPANY Selling Expense Flexible Budget Report Clothing Department For the Month Ended October 31, 2020 Ni Budget Actual CORONADO COMPANY Selling Expense Flexible Budget Report Clothing Department For the Month Ended October 31, 2020 Difference Favorable Unfavorable Neither Favorable Budget Actual nor Unfavorable

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