He actual selling expenses incurred in march 2017 by fallon company are as follows. variable expenses fixed expenses sales commissions $10,978 sales salaries $35,100advertising 11,911 depreciation 7,300travel 8,415 insurance 1,900delivery 3,446

(a) prepare a flexible budget performance report for march, assuming that march sales were $168,300. variable costs and their percentage relationship to sales are sales commissions 6%, advertising 7%, traveling 5%, and delivery 2%. fixed selling expenses will consist of sales salaries $35,100, depreciation on delivery equipment $7,300, and insurance on delivery equipment $1,900.

(b) prepare a flexible budget performance report, assuming that march sales were $178,600. (list variable costs before fixed costs.)

Suppose there are three types of consumers who attend concerts at your university’s performing arts center: students, staff, and faculty. each of these groups has a different willingness to pay for tickets; within each group, willingness to pay is identical. there is a fixed cost of $1,000 to put on a concert, but there are essentially no variable costs. for each concert: i. there are 140 students willing to pay $20. (ii) there are 200 staff members willing to pay $35. (iii) there are 100 faculty members willing to pay $50. a) if the performing arts center can charge only one price, what price should it charge? what are profits at this price? b) if the performing arts center can price discriminate and charge two prices, one for students and another for faculty/staff, what are its profits? c) if the performing arts center can perfectly price discriminate and charge students, staff, and faculty three separate prices, what are its profits?