The budgeted and actual costs, revenue and units for the month November are given in the table below:
Units of Service
Variable OH costs
1. Calculate the flexed budget and the key variances between budgeted and actual results.
2. Reconcile the original budget and present the relationship between the budgeted and the actual profit for the month November
3. Discuss the calculated variances, and provide suggestions for better cost management (target length 300 words