1. Calculate the selling price per unit (in euro)
2. Calculate the cost of material per unit (in euro )
3. Calculate the variable cost of labour per unit (in euro )
4. Calculate the variable cost of light, heat and power per unit in euro
5. Calculate the total fixed cost of light, heat and power per unit in euro
6. Indicate the budgeted revenue (in 000 euros)
7. Indicate the budgeted revenues (in 000 euros)
8. Indicate the budgeted materials (in 000 euros)
9. Indicate the budgeted labour (in 000 euros)
10. Indicate the budgeted light heat and power (in 000 euros)
11. Indicate the budgeted operating income (in 000 euros)

2- Variance analysis on margins (total 12 marks, 20 mn) : Miramar is a manufacturing company. It has the following budget and actual records for year N. The manager is happy to observe that the contribution overall variance is favorable but asks you to perform a comprehensive variance analysis. Several questions are listed below the operating income statement extract that follows. 2- Variance analysis on margins (total 12 marks, 20 mn) : Miramar is a manufacturing company. It has the following budget and actual records for year N. The manager is happy to observe that the contribution overall variance is favorable but asks you to perform a comprehensive variance analysis. Several questions are listed below the operating income statement extract that follows