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Question 2 . Performance Report You are required to: Calculate the difference, if any, between Actual and Budgt results Consider each variance and describe whether

Question 2. Performance Report
You are required to:
Calculate the difference, if any, between Actual and Budgt results
Consider each variance and describe whether each variance is favorable or unfavorable
Calculate each variance as a% of budget.
Comment on the variances in relation to the change in sales revenue:
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