Problem -2:Haldiram Company sells sweets. Its budgeted operating income for the year ended December 31, 2006, was Rs 31,50,000( itne income ka budget banaya). As a result of continued explosive growth in its sales, actual operating income totaled Rs 65,56,000( itna income aaya.).jo target profit tha, usse actual profit increase hua hai.(6556000-3150000=3406000)

You are required to:

1. Calculate the total static-budget variances.

2. Flexible-budget operating income was Rs 69,30,000. Calculate the total flexible-budget and total sales-volume variances.

3. Comment on the total flexible-budget variance in the light of the explosive growth in its sales.