Please answer number 4 using data provided, thank you and i thumbs UP!

Question 4: SEE ATTACHMENT 4 Attached is Tom's ABC Bakery Fleet Department budget as it looks in September. Tom has to attend a budget presentation with senior management to explain the variances in four major categories. Develop and write the explanation you think Tom will tell senior management for each of the four categories. You have to develop your explanations, not just give observations of the data. So you need to interpret the data and explain it. ABC BAKERY - SEPTEMBER VARIANCE MEETING Cost group Expense Summary Variance Analysis Cost Group Wages Fuel and Oil Maintenance Administration TOTAL Current Total Budget Year To Date Sept. Month This % Budget Actual Last Year Year Expense $ 484,000 $ 5,812,000 36% $ 4,359,000 / $ 4,450,000 $4,227,000 $ 200,416 $ 2,765,000 17% $ 2,073,750 $ 1,962,000 $ 2,033,000 $ 269,000 $ 3,767,000 23% $ 2,825,250 $ 2,492,000$ 2,634,000 $ 317,000 $ 3,835,000 24% $ 2,876,250 $ 2,876,000 $ 2,739,000 $ 16,179,000 100% Variance Act vs. Bud % 102% 95% 88% 100%