Question 14 {9 points) Iqaluit Skating Club [ISC] provides a skating program for elders. ISC uses the organization's van to pick up elders from the elders' home to the rink. The program has turned out to be very popular. Data related to the previous year follows: Number of kilometres Budgeted 2023 - 20,000 kms. Actual kilometres - 37,000 kms. Budgeted insurance, registration. and planned maintenance, etc. $ 5,000 {all fixed} Actual insurance. registration, and planned maintenance. etc. $ 5.000 "" "" for exam purposes, assume that the actual total fixed costs incurred were the same as the total budgeted costs. even though this is usually never the case. The budget report shown to the Skating Program Coordinator shows the following: Actual Costs Budget Costs Variance Total Vehicle costs $31,000 $25,000 $ 6.000 U Required: 1) Is the presentation of the information very useful and informative? Explain. 2) Prepare an analysis which would be more informative of the real results. [Perhaps a flexible budget analysis would be useful.) 3) Comment on your results from requirement 2