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Exercise 2 (11 Points): Presented below are the actual results and badgeted anounts for Tree Top Hotel for the manth of Jaraary 20X1. Required: 1. Detenuine the variances and indicate whether the variances are favourable (F), unfinourable (U), or none- 2. Prepare the fleuble bodget and compute the price variance and the quantity variance. Indicate if the variable is fivounble (F), uarfavourable (U), or none