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Overview: In the third milestone, you will jump forward in time: Imagine that your business has already opened. Use the updated scenario information to analyze
Overview: In the third milestone, you will jump forward in time: Imagine that your business has already opened. Use the updated scenario information to analyze your company's performance. Post-opening Scenario: Your angel investors are silent in relation to the business; however, they require board meetings for status updates on the company's financial health. Therefore, you need to analyze your company's performance over the last month using the data provided below Note: Your instructor will create an announcement sharing the income statement data by the end of Module Four. All of the data you need for the cost-of goods-manufactured statement canbe found in the "COGM Schedule" tab of your workbook For your variance analysis, use the following financial data: Grooming labor Standard Hours 150 Standard Quantity 1000 Standard Rate $12 Standard Price $2 Actual Hours 180 Actual Quantity 1200 Actual Rate $11.50 Actual Price $3 Grooming Materials
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