Halliday moves to the information that she has pmvided and her request. Per a formal conununication that follows your meeting, you have the attached exhibits, permitting to the fiscal year ending June 30, 2000. Exhibit 1 Summary of Actuals and Master Budget Exhibit 2 Sales by Channel {Actual and Budget] Exhibit 3 Standard Cost Information Exhibit 4 Actual llr'Iosts Exhibit 5 Selling EXpenses 1313000 Halliday requests the following items from you: {1) A full revenue variance analysis, which would include the following: a. All revenue variancm using gross revenues b. All applicable variances for variable selling costs c. All applicable variances for xed selling costs {2) A full cost variance analysis, which would include, where applicable, the spending, efficiency, and activity variancm for each cost category, including: a. Materials b. Labor c. Variable overhead d. Fixed overhead {3) A calculation of the bonuses for each of the three managers based on the variances calculated and incentive plan details provided earlier. {4) A SUD-5m] word statement regarding your opinion of the incentive plan, the outcomes, and potential improvements . . . basically, advice that you might provide Toni regarding the situation, based on your analysis