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A small company has produced the following fixed budget contribution information for march: sales 16,000 Direct materials 4000 Labour 6,000 contribution 6,000. The actual output

A small company has produced the following fixed budget contribution information for march: sales 16,000 Direct materials 4000 Labour 6,000 contribution 6,000. The actual output for the month was 20% higher than budgeted. The budgeted fixed overheads for the month are 3,000. Calculate the difference in net profit between the flexed budget and the fixed budget for march

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