The standard cost data of three products X, Y and Z, manufactured by a company are given in the following together with the budgeted sales and the unit-selling prices for 2009–2010:

You are required to determine:

(a) The budgeted and actual profi t for 2009–2010.

(b) The variance in profi t analyzed into (i) Cost variance (ii) Sales-price variance (iii) Sales-volume variance

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X Y Z Budgeted sales (units) Selling price per unit (Rs.) 25,000 20,000 15,000 40 60 80 Cost per unit (Rs.) 28 48 64 In April 2009, the cost department of the company gathered The following details for 2009-2010: Y Z Budgeted sales (units) 20,000 22,000 16,000 Average sales realization 42 56 81 per unit (Rs.) Actual cost per unit (Rs.) 30 50 63