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Please show excel calculations The continuing education department of Poseidon Company is offering a continuing education seminar for CPAs in Ethics and the Practice of

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The continuing education department of Poseidon Company is offering a continuing education seminar for CPAs in Ethics and the Practice of Public Accounting. It is to be a three day workshop to be held in May with the following budgeted revenues and costs. The seminar was held in May as planned with the actual results listed below. Because initial response was not as high as expected, the company reduced the price of the course to $700 from the original price in the budget and increased the amount spent for advertising. This paid off because attendance was greater than expected. However, a larger conference room had to be rented to handle the additional number of participants. The presenters also charged slightly more for their services because of the increased number of participants. REQUIRED: Prepare a Profit Variance Analysis Report for this continuing education course offered by the company. POSEIDON COMPANY PROFIT VARUANCE ANALYSIS REPORT FOR CONTINURG EDUCATION COURSE

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