Philippe has a small workshop at the rear of his house near Grenoble which workers who make bedroom cabinets. They normally work 12 per hour (including social security), It takesTou oabinet it sells for 680 and contains two three ours per week, at.a.wage or a worker to produce a uare meres mber which equare metre. Heating rent and local taxes eto normally average 2a9 One of the workers in iland is away from work for a whole wwok. He gets.no.pay. During hat week the other two workers work six hours overtima each for which they are paid at Ctime and a hald They manage to produce 25 cabinets between them which are sold for ch. They use 55 square metres of material at a price of 7.00 per square metre. The weather is extremely cold that week, so the bill for overheads rises to 280 because of additional heating for the longer hours worked Questions (a) Calculate Pilppe's budgeted profit for the week (b) Calculate his actual profit or loss for the week. (0) Prepare a statement explaining the difference between the actual profit for the week and the budget profit for the week. You should analyse the difference into price variances, efficiency/usage of inputs and the loss or gain in contribution due to any change in sales volume Sles Onits