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tudent Learning Outcome # 2-will close on May 26th Question 7 of 9 -13 E I As sales manager, Ethan Short was given the following static budget report for selling expenses in the Winter Sports Department of EA Outdoor Company for the month of November. EA Outdoor Company Winter Sports Department Budget Report For the Month Ended November 30, 2020 Difference. Favorable F Unfavorable U Budget Actual Sales in units 700 F Variable expenses Sales commissions $13,100 U 5,700 U Advertising expense Travel expense 25,500 U 3,900 $113,100 39,000 175,500 4,600 $126,200 44,700 201,000 Question 7 of 9 Sales in units Variable expenses Sales commissions Advertising expense Travel expense Demonstration models given out Total variable Fixed expenses Rent Sales salaries Office salaries Budget 3,900 $113,100 39,000 175,500 101,400 429,000 6,900 60,500 40,300 Actual 4,600 $126,200 44,700 201,000 98,000 469,900 6,900 60,500 40,300 Favorable F Unfavorable U 700 F $13,100 U 5,700 U 25,500 U 3,400 F 40,900 U -0- -0- rning Outcome #2 - will close on May 26th Question 7 of 9 -/3 13 Fixed expenses Rent 6,900 6,900 -0. Sales salaries 60,500 60,500 -0- Office salaries 40,300 40,300 -0. Depreciation-vans (sales staff) 2,800 3,300 500 U Total fixed 110,500 111,000 500 U Total expenses $539,500 $580,900 $41,400 U *The increase in depreciation was due to a new vehicle that had to be purchased as a result of an accident driving on snowy roads on the way to visit a customer. As a result of this budget report, Ethan 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. Ethan 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, arning Outcome # 2 - will close on May 26th Question 7 of 9 -/3 E : he had been given. However, he was not sure what to do, and comes to you for advice. (a) Prepare a budget report based on flexible budget data to help Ethan. (Round per unit answers to 2 decimal places, e.g. 15.25.) EA Outdoor Company Winter Sports Department Flexible Budget Report Per Unit Budget Actual g Outcome # 2 - will close on May 26th Question 7 of 9 > $ 5 Per Unit $ Budget $ - 13 Actual Learning Outcome #2 - will close on May 26th Question 7 of 9 Flexible Budget Report $ Actual $ Difference Favorable Unfavorable Neither Favorable nor Unfavorable -/3 E ome # 2 - will close on May 26th tion 7 of 9 $ Textbook and Media ve for Later $ Attempts: 0 of 3 used -/3 E Submit