Question 1 of 7 > /] 2 = : View Policies Current Attempt in Progress The actual selling expenses incurred in March 2022 by Novak Company are as follows. Variable Expenses Fixed Expenses Sales commissions $14,300 Sales salaries $45,500 Advertising 8,970 Depreciation 9.100 Travel 6,630 Insurance 1,300 Delivery 4,485 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 $45,500, Depreciation on delivery equipment $9,100, and insurance on delivery equipment $1,300. (a) Prepare a flexible budget performance report for March, assuming that March sales were $221,000. (List variable costs before fixed costs.) g NOVAK COMPANY Selling Expense Flexible Budget Report For the Month Ended March 31,2022 v Difference Favorable Unfavorable Neither Favorable Budget Actual nor Unfavorable B supporT v $ $ s ST Sales