1a. For each variance you identified, explain the impact on profitability. Where the impact on...
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Accounting
1a. For each variance you identified, explain the impact on profitability. Where the impact on profitability is favourable, explain whether the increased profitability is desirable when also considering non-financial implications. (approx. 200 words).
1b. For each variance you identified, suggest a practical reason that would cause that variance to occur. Then, make managerial recommendations for how to avoid these operational causes in the future. (approx. 400 words).
Favourable variances should be shaded light green with dark green font Unfavourable variances should be shaded light red with dark red font Favourable variances should be shaded light green with dark green font Unfavourable variances should be shaded light red with dark red font
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