Prepare a revised budget for April using the flexible performance approach.

You need to use cell reference to calculate the variance. You must designate a variance for each cost category and for the total cost: U or F$.$ The variable and fixed cost labeling has been set correctly, so do not change this around.A small local blood bank has been trying to support the needs of the community, and has processed

more blood than had been originally planned for the month. The following is a cost control report.

The managing director of the blood bank was very unhappy with this report, claiming that his costs were higher

than expected due to the emergencies in the community. The managing director has heard that you just finished a

course that discussed flexible budgets. He has asked you to assist him in developing a flexible budget that

will show his superiors that he has controlled costs in most areas.