Question 4 25 points

a) Using your excel template attached separately, complete the variance analysis using the information given in the template.

b) Provide an interpretation for revenue, costs and profit variances in the Simple Budget (see slide 22, Ch 6. PowerPoint for examples).

c) Provide an interpretation for revenue, costs and profit variances in the Flexible Budget (see slide 22, Ch 6. PowerPoint for examples).

d) Using the articles in the Chapter 6 resources, provide one recommendation for the organization.