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Last month, the town of Grand Valley established a parking enforcement unit to write parking...

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Accounting

Last month, the town of Grand Valley established a parking enforcement unit to write parking tickets. They budgeted $3,789 for the unit's first 30 days and estimated that the parking officers would write 52 parking tickets per day in those first 30 days. In addition, they estimated that officers would take 12 minutes to issue a ticket. In actuality, the enforcement unit officers issued 45 tickets per day averaging 16 minutes per ticket. Moreover, the officers were paid 40 cents more per ticket than budgeted.
Task:
In Excel, create a budget to actual presentation of each line item including calculations of total expenses, dollar and percent variances, and favorable or unfavorable labels for each. Overall, in a few sentences, what does the variance analysis suggest?

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