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$"$ for unfavorable. Select "None" and enter $"$O$"$ for no effect $($i$.$e$.,$ zero

variance$).$ Enter your answers in thousands.$)$