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Original Budget Actual Results Notes Flexed budget Output 700 units 750 units 750 units 7000/700=10 Sales revenue 7 000 8 500 7 500 10

Original Budget Actual Results Notes Flexed budget Output 700 units 750 units 750 units 7000/700=10 Sales revenue 7 000 8 500 7 500 10 x 750 1750/700=2.5 Raw materials (1 750) (1 600) (1 875) 2.5 x 750 560/700=0.8 Labour (560) (750) (600) 0.8 x 750 Fixed overheads (2500) (2700) (2500) Operating profit 2190 3 450 2525 Use the information above to calculate the sales volume variance. When providing your answer use no spaces or commas and indicate a decimal space with a full stop.

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