Material costs (48,000) Labour costs (20,000) Contribution 52,000 Fixed costs (30,000) Profit 22,000 However, the sales and marketing department have advised that the actual sales will be in the region of 3,000 units. What is the new flexed budget profit and the volume variance based on the new information? 29,500, 20,500 Favourable 29,500, 20,500 Adverse 9,000, 13,000 Favourable 9,000, 13,000 Adverse Material costs (48,000) Labour costs (20,000) Contribution 52,000 Fixed costs (30,000) Profit 22,000 However, the sales and marketing department have advised that the actual sales will be in the region of 3,000 units. What is the new flexed budget profit and the volume variance based on the new information? 29,500, 20,500 Favourable 29,500, 20,500 Adverse 9,000, 13,000 Favourable 9,000, 13,000 Adverse