Question: Please help with both parts a and b. Will thumbs up for any assistance provided. Thank you. The actual selling expenses incurred in March 2022
Please help with both parts a and b. Will thumbs up for any assistance provided. Thank you.



The actual selling expenses incurred in March 2022 by Flounder Company are as follows. Variable costs and their percentage relationship to sales are sales commissions 6%, advertising 4%, travel 3%, and delivery 2%. Fixed selling expenses will consist of sales salaries $31,500, Depreciation on delivery equipment $6,300, and insurance on delivery equipment $900. (a) Prepare a flexible budget performance report for March, assuming that March sales were $153,000. (List variable costs before fixed costs.) FLOUNDER COMPANY Selling Expense Flexible Budget Report Difference Favorable Unfavorable Neither Favorable Budget $ $ Actual $ $ nor Unfavorable $ (b) Prepare a flexible budget performance report, assuming that March sales were $162,000. (List variable costs before fixed costs.)
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