Explain to the owners benefits of completing variance report

Reference no: EM133208318

Problem

Assume that the actual Gross Profit was $200,327.96 and the actual Net Profit was $119,046.72. Using these financial data:

Problem 1. Calculate any variances (both $ and %),

Problem 2. Explain to the owners the benefits of completing a variance report,

Problem 3. Decide and explain whether variations and changes are required to the General Budget allocated in the Sullivon Constructions Business Plan.

Reference no: EM133208318

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