Brieve plc has the following standards for its only products.

selling price: #$110/$unit

direct labour:$1$ hour at #$10\mathrm{.}50/$hour

direct materials:$3$ kg at #$14\mathrm{.}00/$kg

fixed overhead:#$27\mathrm{.}00/$unit$,$ based on a budgeted output of $800$ units$/$ month during may, there was an actual output of $850$ unit s and the opertinng statement for the month was as follows:

sales revenue :#$92,930$

direct labour $(890$hour$)($#$9,665)$

direct materials $(2,410$kg$)($#$33,258)$

fixed overhead $($#$21,365)$

operating profit$=28642.$

there were no inventories of any description at the beginning or end of may.

required: prepare the original budget and a bud flexed to the actual volume. use these to compare the budgeted and actual profit of the business for the month, going into as much detail with your analysis as thr information given will allow