Assume that a company XYZ pays insurance worth $35,800 for the year. The expected monthly expenditure would be listed as $2,984 per month. However, if insurance is paid annually in August (the second month of the financial year), then the budgeted amount could read $2,984, but actual would show $35,800: an unfavourable position. It is not unfavourable since the insurance is paid for the whole year. Explain in 150-200 words, the reason for the variance and corrective actions, you would recommend