Question 10 Below shows the budgeted and actual revenue and expenditure for a business in March, April and May. Calculate the total (combined) profit variance for March, April and May, stating whether it is adverse or favourable. March Budget 175,000 162,000 Actual 184,000 170,000 April Budget Actual 182,000 190,000 171,000 178,000 Total Revenue Budget 205,000 182,000 May Actual 208,000 181,000 Total Expenditure