Exercise 22-2 Crede Company budgeted selling expenses of $31,000 in January, $34,600 in February, and $40,400...
Exercise 22-2
Crede Company budgeted selling expenses of $31,000 in January,
$34,600 in February, and $40,400 in March. Actual selling expenses
were $32,700 in January, $34,000 in February, and $47,400 in
March.
Prepare a selling expense report that compares budgeted and actual
amounts by month and for the year to date.
|
CREDE COMPANY |
||||||||||||||||
|
By Month |
Year-to-Date |
|||||||||||||||
|
Month |
Budget |
Actual |
Difference |
Budget |
Actual |
Difference |
||||||||||
|
January |
$
|
$
|
$
|
|
$
|
$
|
$
|
|
||||||||
|
February |
$
|
$
|
$
|
|
$
|
$
|
$
|
|
||||||||
|
March |
$
|
$
|
$
|
|
$
|
$
|
$
|
|
||||||||
Exercise 22-2
Crede Company budgeted selling expenses of $31,000 in January,
$34,600 in February, and $40,400 in March. Actual selling expenses
were $32,700 in January, $34,000 in February, and $47,400 in
March.
Prepare a selling expense report that compares budgeted and actual
amounts by month and for the year to date.
|
CREDE COMPANY |
||||||||||||||||
|
By Month |
Year-to-Date |
|||||||||||||||
|
Month |
Budget |
Actual |
Difference |
Budget |
Actual |
Difference |
||||||||||
|
January |
$
|
$
|
$
|
|
$
|
$
|
$
|
|
||||||||
|
February |
$
|
$
|
$
|
|
$
|
$
|
$
|
|
||||||||
|
March |
$
|
$
|
$
|
|
$
|
$
|
$
|
|
||||||||
Homework Answers
| CREDE COMPANY | ||||||||
| Selling Expense Report | ||||||||
| For the Quarter Ending March 31 | ||||||||
| By Month | Year-to-Date | |||||||
| Month | Budget | Actual | Difference | Budget | Actual | Difference | ||
| January | 31000 | 32700 | 1700 | Unfavorable | 31000 | 32700 | 1700 | Unfavorable |
| February | 34600 | 34000 | 600 | Favorable | 65600 | 66700 | 1100 | Unfavorable |
| March | 40400 | 47400 | 7000 | Unfavorable | 106000 | 114100 | 8100 | Unfavorable |
Add Answer to:
Exercise 22-2
Crede Company budgeted selling expenses of $31,000 in January,
$34,600 in February, and $40,400...
Crede Company budgeted selling expenses of $30,900 in January, $34,600 in February, and $39,100 in March....
Crede Company budgeted selling expenses of $30,900 in January, $34,600 in February, and $39,100 in March. Actual selling expenses were $32,100 in January, $34,000 in February, and $46,700 in March. Prepare a selling expense report that compares budgeted and actual amounts by month and for the year to date. CREDE COMPANY Selling Expense Report For the Quarter Ending March 31 By Month Year-to-Date Month Budget Actual Difference Budget Actual Difference January $ $ $ FavorableUnfavorableNeither favorable nor unfavorable FavorableUnfavorableNeither favorable...
Crede Company budgeted selling expenses of $29,000 in January, $34,000 in February, and $39,000 in March....
Crede Company budgeted selling expenses of $29,000 in January,
$34,000 in February, and $39,000 in March. Actual selling expenses
were $30,000 in January, $33,700 in February, and $45,000 in March.
The company considers any difference that is less than 5% of the
budgeted amount to be immaterial.
Prepare a selling expense report that compares budgeted and actual
amounts by month and for the year to date.
CREDE COMPANY
Selling Expense Report
For the Quarter Ending March 31
By Month
Year-to-Date...
Riverbed Company budgeted selling expenses of $29,900 in January, $34,200 in February, and $39,400 in March....
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
By Month
Year-to-Date
Month
Budget
Actual
Difference
Budget
Actual...
Exercise 22-2 Crede Company budgeted selling expenses of $29,700 in January, $34,300 in February, and $40,100...
Exercise 22-2 Crede Company budgeted selling expenses of $29,700 in January, $34,300 in February, and $40,100 in March. Actual selling expenses were $31,700 in January, $33,630 in February, and $48,100 in March. Prepare a selling expense report that compares budgeted and actual amounts by month and for the year to date. CREDE COMPANY Selling Expense Report For the Quarter Ending March 31 By Month Year-to-Date Month Budget Actual Difference Budget Actual Difference January $ 4 February 4 March 4 LINK...
Crede Company budgeted selling expenses of $29,600 in January, $35,000 in February, and $40,900 in March....
Crede Company budgeted selling expenses of $29,600 in January,
$35,000 in February, and $40,900 in March. Actual selling expenses
were $30,800 in January, $34,690 in February, and $48,100 in
March.
Prepare a selling expense report that compares budgeted and actual
amounts by month and for the year to date.
Exercise 22-2 Crede Company budgeted selling expenses of $29,600 in January, $35,000 in February, and $40,900 in March. Actual selling expenses were $30,800 in January, $34,690 in February, and $48,100 in...
Exercise 10-2 a Crede Company budgeted selling expenses of $30,000 in January, $35,000 in February, and...
Exercise 10-2 a Crede 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. The company considers any difference that is less than 5% of the budgeted amount to be immaterial. Prepare a selling expense report that compares budgeted and actual amounts by month and for the year to date. CREDE COMPANY Selling Expense Report For the Quarter Ending March 31...
Crede Company budgeted selling expenses of $30,800 in January, $34,300 in February, and $39,200 in March....
Crede Company budgeted selling expenses of $30,800 in January, $34,300 in February, and $39,200 in March. Actual selling expenses were $32,800 in January, $33,880 in February, and $46,100 in March. Prepare a selling expense report that compares budgeted and actual amounts by month and for the year to date.
Need help with year to date Question 2 --/1 View Policies Current Attempt in Progress Crede...
Need help with year to date
Question 2 --/1 View Policies Current Attempt in Progress Crede Company budgeted selling expenses of $29,500 in January, $35,600 in February, and $39,300 in March. Actual selling expenses were $31,200 in January, $35,110 in February, and $46,400 in March. The company considers any difference that is less than 5% of the budgeted amount to be immaterial. Prepare a selling expense report that compares budgeted and actual amounts by month and for the year to...
Identily eacn sta E24-2 Crede Company budgeted selling expenses of $30,000 in January, $35,000 in Febru...
Identily eacn sta E24-2 Crede Company budgeted selling expenses of $30,000 in January, $35,000 in Febru ary, and $40,000 in March. Actual selling expenses were $31,200 in January, $34,525 in February, and $46,000 in March. Irstructionsbol berr 10011b month and for the year to date.d od (b) What is the purpose of the report prepared in (a), and who would be the primary recipient? endnuoA idinoqasR bnalonto Prepare a selling expense report that compares budgeted and actual amounts by Exe...
The actual selling expenses incurred in March 2017 by Novak Company are as follows. Variable Expenses...
The actual selling expenses incurred in March 2017 by Novak
Company are as follows.
Variable Expenses
Fixed Expenses
Sales commissions
$14,688
Sales salaries
$34,600
Advertising
10,476
Depreciation
6,600
Travel
6,924
Insurance
2,000
Delivery
3,552
(a)
Prepare a flexible budget performance report for March, assuming
that March sales were $173,100. Variable costs and their percentage
relationship to sales are sales commissions 8%, advertising 6%,
traveling 4%, and delivery 2%. Fixed selling expenses will consist
of sales salaries $34,600, Depreciation on delivery...
Crede Company budgeted selling expenses of $29,000 in January,
$34,000 in February, and $39,000 in March. Actual selling expenses
were $30,000 in January, $33,700 in February, and $45,000 in March.
The company considers any difference that is less than 5% of the
budgeted amount to be immaterial.
Prepare a selling expense report that compares budgeted and actual
amounts by month and for the year to date.
CREDE COMPANY
Selling Expense Report
For the Quarter Ending March 31
By Month
Year-to-Date...
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
By Month
Year-to-Date
Month
Budget
Actual
Difference
Budget
Actual...
Exercise 22-2 Crede Company budgeted selling expenses of $29,700 in January, $34,300 in February, and $40,100 in March. Actual selling expenses were $31,700 in January, $33,630 in February, and $48,100 in March. Prepare a selling expense report that compares budgeted and actual amounts by month and for the year to date. CREDE COMPANY Selling Expense Report For the Quarter Ending March 31 By Month Year-to-Date Month Budget Actual Difference Budget Actual Difference January $ 4 February 4 March 4 LINK...
Crede Company budgeted selling expenses of $29,600 in January,
$35,000 in February, and $40,900 in March. Actual selling expenses
were $30,800 in January, $34,690 in February, and $48,100 in
March.
Prepare a selling expense report that compares budgeted and actual
amounts by month and for the year to date.
Exercise 22-2 Crede Company budgeted selling expenses of $29,600 in January, $35,000 in February, and $40,900 in March. Actual selling expenses were $30,800 in January, $34,690 in February, and $48,100 in...
Exercise 10-2 a Crede 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. The company considers any difference that is less than 5% of the budgeted amount to be immaterial. Prepare a selling expense report that compares budgeted and actual amounts by month and for the year to date. CREDE COMPANY Selling Expense Report For the Quarter Ending March 31...
Need help with year to date
Question 2 --/1 View Policies Current Attempt in Progress Crede Company budgeted selling expenses of $29,500 in January, $35,600 in February, and $39,300 in March. Actual selling expenses were $31,200 in January, $35,110 in February, and $46,400 in March. The company considers any difference that is less than 5% of the budgeted amount to be immaterial. Prepare a selling expense report that compares budgeted and actual amounts by month and for the year to...
Identily eacn sta E24-2 Crede Company budgeted selling expenses of $30,000 in January, $35,000 in Febru ary, and $40,000 in March. Actual selling expenses were $31,200 in January, $34,525 in February, and $46,000 in March. Irstructionsbol berr 10011b month and for the year to date.d od (b) What is the purpose of the report prepared in (a), and who would be the primary recipient? endnuoA idinoqasR bnalonto Prepare a selling expense report that compares budgeted and actual amounts by Exe...
The actual selling expenses incurred in March 2017 by Novak
Company are as follows.
Variable Expenses
Fixed Expenses
Sales commissions
$14,688
Sales salaries
$34,600
Advertising
10,476
Depreciation
6,600
Travel
6,924
Insurance
2,000
Delivery
3,552
(a)
Prepare a flexible budget performance report for March, assuming
that March sales were $173,100. Variable costs and their percentage
relationship to sales are sales commissions 8%, advertising 6%,
traveling 4%, and delivery 2%. Fixed selling expenses will consist
of sales salaries $34,600, Depreciation on delivery...
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