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Problems Problem 1 a. Complete the following Monthly Operating Report for the Hilo Town Restaurant. Last Year Year-to-Date This Month) Variance Variance Month Revenue

Problems Problem 1 a. Complete the following Monthly Operating Report for the Hilo Town Restaurant. Last Year Year-to-Date This Month) Variance Variance Month Revenue Actual Budget Actual Budget Actual $ % $ % Jan. Food 124,000 130,250 133,400 Feb. Food 131,000 125,400 129,250 March Food 139,950 127,450 130,400 b. What is your analysis of the operation based upon the financial information in the Monthly Operating Report?

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