Complete a performance report for the month of May, 2015, for the Daily Bulletin, a regional newspaper.Use four columns: 1)Actual Result; 2)Budgeted Amount; 3)Difference: Actual Result minus Budgeted Amount; 4)Difference as a Percentage of Budgeted Amount; AND, three rows: 1)advertising pages sold; 2)average rate per page; 3)advertising revenues.Use the following data:
Does the report indicate any cause for managerial investigation?
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