Riverbed Company budgeted selling expenses of $29,900 in
January, $34,200 in February, and $39,400 in March. Actual selling
expenses were $31,200 in January, $33,520 in February, and $46,500
in March.
(a)
Prepare a selling expense report that compares budgeted and actual
amounts by month and for the year to date.
RIVERBED COMPANY Selling Expense Report For the Quarter Ending March 31For the Month Ending March 31For the Year Ending March 31 |
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By Month |
Year-to-Date |
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Month |
Budget |
Actual |
Difference |
Budget |
Actual |
Difference |
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January |
$ | $ | $ |
FavorableUnfavorableNeither favorable nor unfavorable |
$ | $ | $ |
FavorableUnfavorableNeither favorable nor unfavorable |
||||||||
February |
$ | $ | $ |
FavorableUnfavorableNeither favorable nor unfavorable |
$ | $ | $ |
FavorableUnfavorableNeither favorable nor unfavorable |
||||||||
March |
$ | $ | $ |
FavorableUnfavorableNeither favorable nor unfavorable |
$ | $ | $ |
FavorableUnfavorableNeither favorable nor unfavorable |
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Answer
For the quarter ending Mar 31 | ||||||||
By Month | Year to Dare | |||||||
Month | Budget | Actual | Difference | Budget | Actual | Difference | ||
January | $29,900 | $31,200 | $1,300 | Unfavourable | $29,900 | $31,200 | $1,300 | Unfavourable |
Februay | $34,200 | $33,520 | $680 | Favourable | $64,100 | $64,720 | $620 | Unfavourable |
March | $39,400 | $46,500 | $7,100 | Unfavourable | $103,500 | $111,220 | $7,720 | Unfavourable |
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