How is REQUIREMENT 1 AND 2 answered?

Souvemir Co. produces CUP B, which is souvenir item for any company event. The company wishes to capture huge size of the market by producing 8: selling the lowest price possible considering existing competitive market by adding design that encapsulate the company's function on the item. Data of the resuft of operation were as follows: Actual Budget Units produced and sold 60.000 50.000 Selling Price P53 P60 Material used per cup in kilos 200 205 Direct materials cost per kilo P0.11 P0.'l 0 Manufacturing capacity in units of souvenir cup 62,000 52,000 Conversion costs per unit of capacity P150 P800 Advertising and Delivery capacity in terms of clients 60 Advertising and Delivery capacity cost per client P100.50 P100 DESIQHEMPIDNEES 11 10 Design costs per unit sold P130 P2 Furlher following information were provided to you: Conversion costs in each year depend on the actual units of cups produced, while advertising and delivery costs depend on the actual number of clients the company serves. The company manage to sell to 55 clients for the year. Design costs depend on the number of units sold per year. Requirement: 1. Calculate the companfs result of operation, comparing actual with budget 2. Calculate the growth, pricLLrecovery, and productivity components that explain the change in operating income comparing actual with the budget