Question: Please show your work so I can ensure that I am solving this problem correctly. Perform the revenue, cost and profit variance analyses for both

Please show your work so I can ensure that I am

Please show your work so I can ensure that I am solving this problem correctly.

Perform the revenue, cost and profit variance analyses for both the simple and flexible budgets. (Represented in millions) Simple Flexible Actual Budget Budget Results Revenue 7.2 6.2 Cost 6.3 5.9 Profit 1.0 0.4 6.5 5.9 0.7

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