Complete a Performance Report for the Month of May 2017,for

Essay

Complete a performance report for the month of May 2017,for the Bathurst Bulletin,a regional newspaper showing four columns: 1)Actual Result;2)Budgeted Amount;3)Difference: Actual Result minus Budgeted Amount;4)Difference as a Percentage of Budgeted Amount,given the following data:
$$\begin{array} { | l | l | } \hline \text { Advertising pages sold } & 300 \\\hline \text { Budgeted advertising pages } & 910 \\\hline \text { Advertising revenue } & \$ 4368000 \\\hline \text { Budgeted advertising revenue } & \$ 4410000 \\\hline\end{array}$$
Does the report indicate any cause for managerial investigation?
_____________________________________________________________________________________________
_____________________________________________________________________________________________