1. Assume that Renata has hired you to review the company's finances and to create a performance report for the company that includes final calculations of: Sales Cost of sales Gross profit Promotional expenses Administration expenses General expenses . Total expenses Renata would also like you to: show the variances in dollars and as a percentage indicate whether the variance is favourable or unfavourable make recommendations based on your analysis for addressing any unfavourable variances Use the Performance Report Template to guide your writing of the report. The report should include completed calculations summary of variances recommendations regarding how to address variances A table is included in the report to assist you in presenting the financial information