BAC Exercise 23-09 a VERSION As sales manager, Joe Batista was given the following static budget report for selling expenses in the Clothing Department of Soria Company for the month of October SORIA COMPANY Clothing Department Budget Report For the Month Ended October 31, 2020 Difference Favorable Unfavorable Neither Favorable Budget Actual nor Unfavorable Sales in units 7,600 9,000 1,400 Favorable Variable expenses Sales commissions $1,672 $2,520 $848 Unfavorable Advertising expense 836 630206 Favorable Travel expense 3,496 4,050 554 Unfavorable Free samples given out 1,140 1,170 30 Unfavorable Total variable 7,144 8,370 1,226 Unfavorable Fixed expenses Rent 1,700 1,700 -0- Neither Favorable nor Unfavorable Sales salaries 1,200 1,200 -0- Neither Favorable nor Unfavorable Office salades 700 700 -0- Neither Favorable nor Unfavorable Depreciation-autos (sales staff) 400 400 -0- Neither Favorable nor Unfavorable Total fixed 4,000 4,000 -- Neither Favorable nor Unfavorable Total expenses $11,144 $12.370 $1,226 Unfavorable CALCULATOR FULL SCREEN PRINTER VERSION 4 RACK NEXT As a result 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 know something was wrong with the performance report that he had been given. However, he was not sure what to do, and comes to you for advice. Prepare a budget report based on flexible budget data to help Joe. (List variable costs before fixed costs.) SORIA COMPANY Selling Expense Flexible Budget Report Clothing Department For the Month Ended October 31, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual of the Sons in BAN IT RESOURCES Homework Newther favorable or Unfavorable sement Pra Police 2000-2020 W o nins All Reserved. A Division of an