Current Attempt in Progress As sales manager, Joe Batista was given the following static budget report for selling experises in the Clothing Department of Waterway Company for the month of October, WATERWAY COMPANY WATERWAY COMPANY Clothing Department Budget Report For the Month Ended October 31, 2020 Difference Favorable Unfavorable Neither Favorable Budget Actual nor Unfavorable 8,100 10,000 1,900 Favorable $2.700 700 Sales in units Variable expenses Sales commissions Advertising expense Travel expense Free samples given out Total variable Fixed expenses Rent Sales salaries $1,944 972 3.240 1,458 7,614 4,000 1,400 8,800 $756 Unfavorable 272 Favorable 760 Unfavorable 58 Favorable 1,186 Unfavorable 1,900 1.400 1.900 1,400 -0- Neither Favorable nor Unfavorable -0- Neither Favorable nor Unfavorable 800 400 Office salaries Depreciation-autos (sales staff) Total fixed Total expenses 800 400 4,500 $13,300 -O- Neither Favorable nor Unfavorable -O- Neither Favorable nor Unfavorable -0- Neither Favorable nor Unfavorable $1.186 Unfavorable 4,500 $12.114 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 knew 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.)