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32,000 2. The budgeted contribution for R Limited for the last month was Rs. 32,000. The following variances were reported. Variance Rs. Sales volume contribution

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32,000 2. The budgeted contribution for R Limited for the last month was Rs. 32,000. The following variances were reported. Variance Rs. Sales volume contribution 800 adverse Material price 880 adverse Material usage 822 Labour efficiency favourable 129 favourable Variable overhead efficiency sovc cont. favourable No other variances were reported for the month, The actual contribution earned by R Limited for the last month is Rs

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