Santo company budgeted selling expenses of 30000 in january, Ask an Expert

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santo Company budgeted selling expenses of $30000 in January, $37000 in February, and $45000 in March. Actual Selling expenses were $31000 in January, $35500 in February and $53000 in March.

Instructions:-
(a) prepare a selling expense report that compares budgeted and actual amount by month and for the year to date.
(b) What is the purpose of the report prepared in (a) and who would be the primary recipient?
(c) What would be the likely result of management analysis of the report?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9400282

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