Assume that The AM Bakery is preparing a budget for the month ending November 30 . Management prepares the budget by starting with the actual results for August that are shown below. Then, management considers what the differences in costs will be between August and Novernber. Managemont expect revenue in November to be 30 percent highe than in August, and it expects all ingredient costs (eg flout buttefiand so onj to be 25 percent higher in Aovember than in August. Management expecte other labor coste lo be to porcent. and minkeling costs ale not expocted to change Now, fast-forward to early December and assume the following actual results occurred in November: Required: 0. Pleppate a statensefit that compaies the budgefed and actual costs for November. b. Suppose that you tave limited Hine to deleunilit why octuat costs are not the same as budaeted costs, Which three cost itema Wouid you investigate to see why actual and budgeted contsare ciliferent? THE AM BAKERY Bakery Sales Actual and Budgeted Costs For the Month Ending November 30 a. Prepare a statement that compares the budgeted and actual costs for November: b. Suppose that you have limited time to determine why actual costs are not the same as budgeted costs. Which three cos would you investigate to see why actual and budgeted costs are different? Complete this question by entering your answers in the tabs below. Suppose that you have limited time to determine why actual costs are not the same as budgeted costs. Which three cost items would you investigate to see why actual and budgeted costs are different