Russell Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range
from $171500 to $207800. Variable costs and their percentage relationship to sales are: Sales Commissions 5.4% Advertising 3.8% Traveling 3.1% and
Delivery 1.9%. Fixed selling expenses will consist of Sales Salaries $33706 Depreciation on Delivery Equipment $6925 and Insurance on Delivery Equipment
$1431. The actual selling expenses incurred in March 2012 by Russell Company are as follows. Variable Expenses Fixed Expenses Complete the flexible budget performance report for March using the budget data above assuming that MArch sales were $171500. Expected sales and actual
sales are the same Russel Co Selling Expense Budget Report (Flexible For the month ended March 31 2012 Budget Actual Difference Fav/UnFav Sales Variable Expenses Sales Commissions ________ __________ _________ ____ Advertising ________ __________ _________ ____ Travel ________ __________ _________ ____ Delivery ________ __________ _________ ____ Total Variable Expenses ________ __________ _________ ____ Fixed Costs Sales Salaries ________ __________ _________ ____ Depreciation ________ __________ _________ ____ Insurance ________ __________ _________ ____ Total Fixed Expenses ________ __________ _________ ____ Total Expenses ________ __________ _________ ____ Complete the flexible budget performance assuming that MArch sales were $183600. Expected sales and actual sales are the same Russel Co Selling Expense Budget Report (Flexible For the month ended March 31 2012 Budget Actual Difference Fav/UnFav Sales Variable Expenses Sales Commissions ________ __________ _________ ____ Advertising ________ __________ _________ ____ Travel ________ __________ _________ ____ Delivery ________ __________ _________ ____ Total Variable Expenses ________ __________ _________ ____ Fixed Costs Sales Salaries ________ __________ _________ ____ Depreciation ________ __________ _________ ____ Insurance ________ __________ _________ ____ Total Fixed Expenses ________ __________ _________ ____ Total Expenses ________ __________ _________ ____