Be Careful Group has organized a social distancing gathering on September 16, 2020. The cost estimates for
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Question:
Be Careful Group has organized a social distancing gathering on September 16, 2020.
The cost estimates for the event are listed below.
Expected attendees: 40
Food: $1,200
Decorations: $100
Labor: $600
Hall Rental: $200
The actual costs are listed below.
Actual attendees: 50
Food: $1,450
Decorations: $105
Labor: $800
Hall Rental: $200
(1) Prepare a performance report with variances.
(2) Which items would you choose to investigate?
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