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Nike analyzes budget variance for a marketing campaign: Budgeted cost $1,000,000, actual cost $1,200,000, budgeted sales $5,000,000, actual sales $4,800,000. Requirements: Calculate the cost variance.
- Nike analyzes budget variance for a marketing campaign: Budgeted cost $1,000,000, actual cost $1,200,000, budgeted sales $5,000,000, actual sales $4,800,000.
- Requirements:
- Calculate the cost variance.
- Calculate the sales variance.
- Prepare a variance analysis report.
- Recommend actions to improve future marketing campaigns.
- Requirements:
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