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what is deficiency Income: Food Revenue: Expected Amount - $20,000, Actual Amount - $22,000, Difference (Variance) - $2,000 Beverage Revenue: Expected Amount - $15,000, Actual

what is deficiency Income: Food Revenue: Expected Amount - $20,000, Actual Amount - $22,000, Difference (Variance) - $2,000 Beverage Revenue: Expected Amount - $15,000, Actual Amount - $14,000, Difference (Variance) - -$1,000 Room Revenue: Expected Amount - $30,000, Actual Amount - $28,539.70, Difference (Variance) - -$1,460.30 Total Income: Expected Amount - $65,000, Actual Amount - $63,539.70, Difference (Variance) - -$1,460.30 Expenditure: Food Cost: Expected Amount - $8,000, Actual Amount - $9,000, Difference - -$1,000 Beverage Cost: Expected Amount - $6,000, Actual Amount - $5,500, Difference - $500 Staff Salaries: Expected Amount - $20,000, Actual Amount - $21,000, Difference - -$1,000 Utilities: Expected Amount - $5,000, Actual Amount - $4,800, Difference - $200 Miscellaneous: Expected Amount - $2,000, Actual Amount - $2,200, Difference - -$200 Room Cost: Expected Amount - $10,000, Actual Amount - $9,500, Difference - $500 Total Expenditure: Expected Amount - $51,000, Actual Amount - $52,000, Difference - -$1,000

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