Question 6 You are provided with the following Information for February 2020 of Diletsa Stores: R Income: Services rendered 80 000 Other Income 20 000 100 000 Expenditure: 3 000 Telephone Repairs and maintenance 4 000 Stationery 1 000 Salaries and wages 20 000 Water and electricity 2 500 Rates and taxes 4 500 Interest expense 1 500 Bank charges 500 37 000 Net Profit/ (Loss) 63 000 Services rendered is expected to Increase by 10% Other Income is expected to increase by 5% Telephone bill is expected to decrease by 6% Salaries and wages are expected to increase by 12% Rates and taxes are expected to rise by 9% All other expenses are expected to have an increase of 4% . Required: Q.6.1 Prepare the incremental budget for Diletsa Stores for the month of March 2020. (13) Q.6.2 Below are the actual results for Diletsa for March 2020. (17) R Income: 90 000 Services rendered Other income 20 000 110 000 Expenditure: Telephone 2 500 Required: 9.6.1 Prepare the incremental budget for Diletsa Stores for the month of March (13) 2020, 9.6.2 Below are the actual results for Diletsa for March 2020. (17) R Income: 90 000 Services rendered Other Income 20 000 110 000 2 500 4 400 Expenditure: Telephone Repairs and maintenance Stationery Salaries and wages Water and electricity Rates and taxes 1 040 25 000 2 500 5 000 Interest expense 1560 2.6.2 Below are the actual results for Diletsa for March 2020. (17) R Income: Services rendered 90 000 Other income 20 000 110 000 2 500 Expenditure: Telephone Repairs and maintenance Stationery 4400 1040 25 000 Salaries and wages Water and electricity 2 500 Rates and taxes 5 000 Interest expense 1 560 Bank charges 550 42 550 Net Profit/ (Loss) 67.450 Required: Use your answer in question 6.1 to prepare the budget variance report for March 2020