The Actual Selling Expenses Incurred In March 2022 By Sheffield Company Are As Follows Variable Expenses Sales Commissi 1 (21.89 KiB) Viewed 14 times
The Actual Selling Expenses Incurred In March 2022 By Sheffield Company Are As Follows Variable Expenses Sales Commissi 2 (31.46 KiB) Viewed 14 times
The Actual Selling Expenses Incurred In March 2022 By Sheffield Company Are As Follows Variable Expenses Sales Commissi 3 (41.39 KiB) Viewed 14 times
The Actual Selling Expenses Incurred In March 2022 By Sheffield Company Are As Follows Variable Expenses Sales Commissi 4 (33.71 KiB) Viewed 14 times
The actual selling expenses incurred in March 2022 by Sheffield Company are as follows. Variable Expenses Sales commissions Advertising Travel Delivery $12,100 7,590 5,610 3,795 Fixed Expenses Sales salaries Depreciation Insurance $38,500 7,700 1.100 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 $38,500, Depreciation on delivery equipment $7.700, and insurance on delivery equipment $1.100. (a) Prepare a flexible budget performance report for March, assuming that March sales were $187,000. (List variable costs before fixed costs.)
$ Budget $ S Actual Favorable Unfavorab Neither Favor nor Unfavori
(b) Prepare a flexible budget performance report, assuming that March sales were $198,000. (List variable costs before fixed costs.) Budget SHEFFIELD COMPANY Selling Expense Flexible Budget Report Actual Differenci 11 Favorable Unfavorabi Neither Favor nor Unfavor:
Budget $ Actual Favorable Unfavorab Neither Favor nor Unfavor:
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