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QUESTION 2 (32 marks) Standard Paws Ltd has the following standard cost. Notes Sales revenue Direct material 3 per kg Direct labour 8 per hour
QUESTION 2 (32 marks) Standard Paws Ltd has the following standard cost. Notes Sales revenue Direct material 3 per kg Direct labour 8 per hour 17 6 8 Budgeted fixed costs were 4,000 and budgeted sales in units 3,000 units 1,500 units were sold and the actual results for these sales were: Notes Actual Total Sales revenue 30,000 Direct materials 6,000 kg 12,000 Direct labour 4,500 hours 13,500 Actual fixed costs were 6,000. 2d) Using the information above, complete the following table for Paws Ltd. 14 marks UNITS Original Budget Flexed Budget Actual Variance + Sales Revenue Direct Materials Direct Labour Fixed Overhead Profit +
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