Require: Prepare a reconciliation of the actual budgeted profit by calculating all relevant variances.

A- A - 15 AaBbcc Aabcc AaB C AaBbcc AaBbcc 1 Normal No Spec. Heading Heading 2 Heading Paragraph Wood-cuttid manufactures office chairs. These chairs contain three materials. The standard usage and cost for one chair is as follows: Material A 1.5kg 52.00 per Material BQSKE $4.00 per Material C 25 $350 per kg $ 3,00 2,00 8.75 1375 The standard sales price for each tablet is $2000 The company has a standard gross profit of 55,00 per unit with the difference of $1,25 being fed production overhead costs in the month of August 2015, Wood-cut Ltd produced and sold 120.000 tablets. Below is a list of the actual results Sales 120.000 $21.50 S 2.580 000.00 Varicos Material A 170 000 at 52,20 per Mat 62.000 5350 Der Man 200053.60 per 374 000.00 217.000,00 10000001690000 The production Cost 191.000,00 O