Budgeting at Google

Values:

• Budgeted Revenue: $80,000,000
• Actual Revenue: $75,000,000
• Budgeted Expenses: $35,000,000
• Actual Expenses: $33,000,000

Requirements:

1. Prepare a flexible budget variance report.
2. Calculate the revenue and expense variances.
3. Analyze the implications of these variances on financial performance.
4. Recommend actions to improve budgeting accuracy.