Item6 12.5 points eBookReferencesCheck my workCheck My Work button is now enabledItem 6 Assume that The AM Bakery is preparing a budget for the month ending November 30. Management prepares the budget by starting with the actual results for August that are shown below. Then, management considers what the differences in costs will be between August and November. THE AM BAKERY Bakery Sales Actual Costs For the Month Ending August 31 Actual Budgeted Difference Ingredients Flour $ 3,900 $ 3,700 $ 200 Butter 3,500 3,400 100 Oil 1,700 1,800 (100) Fruit 1,300 1,000 300 Nuts 900 800 100 Chocolate 800 800 - Other 400 300 100 Total ingredients $ 12,500 $ 11,800 $ 700 Labor Channel manager $ 4,500 4500 - Other 10,700 10,900 (200) Utilities 2,400 2,300 10