Question: I created the budget - just need help with the analysis part. please! Compare actual amounts from last year to the budget you have created

I created the budget - just need help with the analysis part. please! Compare actual amounts from last year to the budget you

I created the budget - just need help with the analysis part. please!

Compare actual amounts from last year to the budget you have created for sales. Give an analysis on if Target exceeded budgeted sales. If so, explain the contributing factors for this. If sales did not exceed what was budgeted, explain the contributing factors.
Compare actual amounts from last year to the budget you have created for expenses. Give an analysis on if Target exceeded budgeted expenses. If so, explain the contributing factors for this. If expenses did not exceed what was budgeted, explain the contributing factors.

Budgeting Target Corporation INSTRUCTIONS: Select the previous three years annual reports to complete the cells below. Change XX to the yea of the report you are analyzing. FY 2018 % change 2013-2014 FY 2019 77,130 FY 2017 71,879 $ FY 2016 69,495S FY 2015 73,785$ % change 2014-2015 % change 2015-2016 69,494 $ 71,878 $ 74,432 $ % change 2016-2017 77,129 Average % change 2013 73233 74,433 S Sales Relevant expenses: Cost of sales Selling, general, and administrative expense Depreciation and amortization Total relevant expenses $ S $ 54,8646 16,233S 2,357 $ 73,454 $ 53,299 $ 15,723S 2,224 S 71,246 $ 51,125 48,872 51,997 $ 14,248 13,356 14,665 $ 2,194 S 2.2985 2,213 $ 67,567 $ 64,526 $ 68,875$ Budgeted and actual income statement accounts FY 2019-2018 48,871 $ 13,355 S 2,297 $ 64,525 $ 51,124 $ 14,247S 2,193 S 67,566 $ 53,298 $ 15,722 s 2,223S 71,245$ 54,863 16,232 2,356 73,453 520390 148890 22671 69197 Actual 2019 77,130 Average % change 2013-2017 7323325.00% $ Budget 2018 5,648,557,703 Actual 2018 74,433 Difference (5,648,483,270) % difference from budgeted amount -0.999986823 Sales Relevant expenses: Cost of sales Selling, general, and adminstrative expense Depreciation and amortization Total relevant expenses 54,864 16,233 5203900.00% $ 2,855,122,560 1488900.00% 241,709,370 226725.00% 5,346,265 6919725.00% $ 5,082,888,256 $ 53,299 15,723 2,224 71,246 (2,855,069,261) (241,693,647) (5,344,041) (5,082,817,010) -0.999981332 -99.99% -99.9696 -100.00% 2,357 73,454 Average % change 2013-2017 7323325.00% 5203900.00% 1488900.00% 226725.00% 6919725.00%

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