1. Calculate the variances in percentage terms and state if they are favourable or unfavourable (to two decimal places) 2. Take a close look at the wages and show calculations to show if the actual figures are favourable to the budget estimates or unfavourable to budget estimates when compared to sales. 3. Take a close look at the food cost and show calculations to show if the actual figures are favourable to the budget estimates or unfavourable to budget estimates when compared to sales. 4. Take a close look at the beverage cost and show calculations to show i the actual figures are favourable to the budget estimates or unfavourable to budget estimates when compared to sales.