delphinium Ltd had the following budgeted and actual income statements for the month of July

Produce a flexed budget to reflect the actual business output in the period.

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Part 1

Insert the flexed budgeted figures in the following table, based on the actual output of

250

units:

(Complete the necessary answer boxes.)

	Budgeted	Flexed	Actual
Output (units)	200	250	250
Sales revenue ()	140,000		180,000
Raw materials ()	8,000		10,500
Labour ()	4,000		5,500
Fixed overheads ()	42,000		55,000
Operating profit ()	86,000		109,000