You are the financial manager for a mid$-$sized company that is planning for the next fiscal year and

considering a significant investment. Apply various financial planning techniques to the following

scenarios:

A$.$ Budgeting and variance analysis: Given the budget and actual figures below, perform variance

analysis and explain the results. $(10)$

Budget: Sales: R$500000$; Expenses: R$300000$

Actual: Sales: R$450000$; Expenses: R$320000$

B$.$ Cash planning: Prepare a cash budget for three months based on the provided data below.

$(10)$

Month $1$: Inflows: R$50000,$ Outflows: R$40000$

Month $2$: Inflows: R$60000,$ Outflows: R$45000$

Month $3$: Inflows: R$70000,$ Outflows: R$50000$