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The actual selling expenses incurred in March 2022 by Marigold Company are as follows. ...

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Accounting

The actual selling expenses incurred in March 2022 by Marigold Company are as follows.

Variable Expenses

Fixed Expenses
Sales commissions $10,340 Sales salaries $32,900
Advertising 6,486 Depreciation 6,580
Travel 4,794 Insurance 940
Delivery 3,243

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 $32,900, Depreciation on delivery equipment $6,580, and insurance on delivery equipment $940. (a) Prepare a flexible budget performance report for March, assuming that March sales were $159,800. (List variable costs before fixed costs.) (b) Prepare a flexible budget performance report, assuming that March sales were $169,200. (List variable costs before fixed costs.)

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