Question: EXERCISE 10-16. Performance Report [LO 2, 3] At the start of 2018, the New Orleans Fine Food Company budgeted before-tax income as follows: Actual before

EXERCISE 10-16. Performance Report [LO 2, 3] At the start of 2018, the New Orleans Fine Food Company budgeted before-tax income as follows:

EXERCISE 10-16. Performance Report [LO 2, 3] At the start of 2018, the New Orleans Fine Food Company budgeted before-tax income as follows: Actual before tax income for 2018 was: REQUIRED Florence Roden, the owner of the company, is pleased that sales were much higher than planned, but she also is concerned that expenses were $94,950 higher than the amounts she budgeted. Should she be concerned with the level of actual expenses? Prepare a performance report that will help her focus on areas needing attention

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