Crede Company budgeted selling expenses of $30,000 in January, $35,000 in February, and $40,000 in...

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Accounting

Crede Company budgeted selling expenses of $30,000 in January, $35,000 in February, and $40,000 in March. Actual selling expenses were $31,200 in January, $34,525 in February, and $46,000 in March.

Instructions:

  1. Prepare a selling expense report that compares budgeted and actual amounts by month and for the year to date.

  2. What is the purpose of the report prepared in

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