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The actual selling expenses incurred in March 2020 by Fallon Company are as follows. Variable Expenses...

The actual selling expenses incurred in March 2020 by Fallon Company are as follows.

Variable Expenses

Fixed Expenses
Sales commissions $10,766 Sales salaries $34,700
Advertising 11,682 Depreciation 7,300
Travel 6,624 Insurance 2,000
Delivery 3,372


(a) Prepare a flexible budget performance report for March, assuming that March sales were $165,600. Variable costs and their percentage relationship to sales are sales commissions 6%, advertising 7%, traveling 4%, and delivery 2%. Fixed selling expenses will consist of sales salaries $34,700, Depreciation on delivery equipment $7,300, and insurance on delivery equipment $2,000. (List variable costs before fixed costs.)

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