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Mickey Limited is a manufacturing business that uses a standard costing system. The companys flexed budget for April 20X9 is:

Sales	173,340
Costs
Direct materials	(22,500)
Direct labour	(37,684)
Variable production overheads	(15,520)
Fixed production overheads	(49,400)
Profit	48,236

The companys directors are presented with the following standard cost operating statement for the month:

			Total
Original budgeted net profit			44,540
	Favourable	(Adverse)
Sales profit volume variance	3,696
Sales price variance	424
Direct materials price variance	1,372
Direct materials quantity variance		2,560
Direct labour rate variance	-	-
Direct labour efficiency variance		480
Production overhead variance	240
Other overhead variance	3,360
Total	9,092	3,040	6,052
Actual net profit			50,592

Required:

1. Calculate the actual figures for sales, direct materials, direct labour, variable overheads, fixed overheads and profits.
2. Outline for the directors the main points about the companys performance during April 20X9.