In reference to problem solved here: https://www.coursehero.com/tutors-problems/Managerial-Accounting/25118853-1arrange-a-flexible-budget-2Compute-the-sales-volume-variance-and-t/

• Summarize the results of the sales volume and variable cost volume variances computations based on the comparison between the master budget and the flexible budget.
• Summarize the results of the flexible budget variances computations based on the comparison between the flexible budget and the actual results.
• Justify the favorable or unfavorable budget variances.
• Since this is a not-for-profit organization, address why anyone should be concerned with meeting the budget.
• Make recommendations for what can be done differently to stay on budget for future luncheons. Provide specific examples to support your recommendations.