Perform variance analysis for Nike's production and marketing costs.

Compare actual costs to budgeted costs for different product lines and marketing campaigns.

Calculate and interpret material, labor, and overhead variances.

Identify the causes of significant variances and suggest corrective actions.

Recommend strategies to control costs and improve budgeting accuracy.

Cost Components	Budgeted Costs ($)	Actual Costs ($)
Production Costs	$400,000,000	$420,000,000
Marketing Costs	$300,000,000	$310,000,000