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John Glenn is the owner of a Tree Nursery.He analyzes his business's results by comparing actual operating results ($) with figures budgeted at the beginning
John Glenn is the owner of a Tree Nursery.He analyzes his business's results by comparing actual operating results ($) with figures budgeted at the beginning of the year.When the business generates large profits, he often overlooks the differences between actual and budgeted data.But when profits are low, he spends many hours analyzing the differences.How would you advise John to improve his approach to variance analysis?
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