Exchange Corp. is a company that acts as a facilitator in tax-favored real estate swaps. Such swaps, know as 1031 exchanges, permit participants to avoid some or all of the capital gains taxes that would otherwise be due. The bookkeeper for the company has been asked to prepare a report for the company to help its owner/manager analyze performance. The first such report appears below Exchange Corp Analysis of Revenues and Costs For the Month Ended May 31 Planning Budget Actual Unit Unit Revenues Revenues and Costs and Costs Variances Exchanges completed s 56 s 609 $48 U 680 Expenses: Legal and search fees Office expenses Equipment 191 11 U 181 43 F Rent 15 F 12 Total expense 56 F