Question: Exercise 24-5 Fallon Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range from $168,200 to $201,800. Vaniable costs and
Exercise 24-5 Fallon Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range from $168,200 to $201,800. Vaniable costs and their percentage relationship to sales are sales commissions 7% advertising 6%, traveling %, and defvery 2%, Fo ed se&ng expenses wil consist of sales salar s s as 30 der roar n delivery equipment $6,800, and insurance on delivery equipment $1,400 Prepare a monthly flexible budget for each $11,200 increment of sales within the relevant range for the year ending Decomber 31, 2017. (List variable costs before fixed costs.) FALLON COMPANY Honthly Seling Expense Fleaxible Budget For the Year 2017
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