Question

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

Answer 1

Answer:

Month Budgeted Actual Difference

Jan 30,000 31,200 12oo excess

Feb 35,000 34,525 475 less

Mar 40,000 46,000 6000 excess