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Batty Ltd had the following budgeted and actual income statements for the month of October. Produce a flexed budget to reflect the actual business output
Batty Ltd had the following budgeted and actual income statements for the month of October. Produce a flexed budget to reflect the actual business output in the period. Insert the flexed budgeted figures, based on the actual output of 360 units, in the following table, Enter whole numbers only with NO symbols or commas Budgeted Flexed Actual Output (units) 300 360 Sales revenue ($) 350000 430000 Raw materials ($) 20000 33500 10000 17500 Labour ($) Fixed overheads ($) 100000 115000 264000 Operating profit ($) 220000
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