The following are the budgeted and actual income statements for Borat Ltd, a manufacturing business, for the month of June: Output (production and sales) Budget 2,000 units Actual 1,800 units 300,000 (90,000) (45,000 kilos) (160,000) (10,000 hours) (35,000) 15,000 Sles revenue Raw materials Labour Fixed overheads Operating profit Prepare a flexed budget for the business for the month of June. The flexed budget reveals an operating profit of: 295,000 (85,000) (42,000 kilos) (176,000) (11,000 hours) (32,000) 2,000

Prepare a flexed budget for the business for the month of June. The flexed budget reveals an operating profit of