Cassini Pty LEd Variance Report YTD 31. 3. 2017 Account Year to Company's ` Variance date Budget recommendation Variance*$ U/F Motor Vehicle* 55, 000 Major service in March will EXPENSE 56, 000 appear in April to correct . Print , post and $500 55 50 Not material if less than Stationery 5500. Telephone $6, 800 57000 Not material if less than 5%` Recommend controls as Entertainment* $3, 000 51, 000 per request for assumption revision . Required : ( a ) Prepare a report comparing Year to date to Budget to disclose relevant variances for the four accounts in the Variance Report and signify whether the Variance is Favourable or Unfavourable