Listen to the podcast about Crate & Barrel https://one.npr.org/?sharedMediaId=515790641:515791869

and answer the following 3 questions.

1) If you were hired as a Managerial Accountant when Crate and Barrel was first started, how would you help the owners succeed? Mention at least 3 tools/topics.

2) Do you think that creating budgets would be important for the company during the years of their major expansion? Why or why not?

3) You created a performance report for Crate and Barrel that shows the revenue and spending variances. What could the leadership learn about how the business is performing? (Tip: think about what favorable and unfavorable revenue and spending variances mean).