d Tim notices some significant variances (see below) when comparing his actual annual numbers to budgeted numbers. Analyze these variances and comment on what likely happened over the past year. Also, make recommendations on what Tim should do with budgeting and operations next year. 00 Sales on Cost of Goods Sold Variable selling expenses $35,780 favourable $18.990 unfavourable $9,050 unfavourable $3,300 unfavourable Fixed administrative expenses $2,000 unfavourable Fixed selling expenses Paragraph BIEE