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The following data pertain to the Waikiki Sands Hotel for the month of March. Numbers without parentheses denote profit; numbers with parentheses denote expenses. Required:

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The following data pertain to the Waikiki Sands Hotel for the month of March. Numbers without parentheses denote profit; numbers with parentheses denote expenses. Required: Based on Exhibit 12-4, Prepare a March performance report and use the same data for year-to-date columns in your report. (Indicate the effect of each variance by selecting "F" for favorable, "U" forunfavorable. Select "None" and enter "0" for no effect (i.e., zero variance).)

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