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The following information is available for Company ABC in the current reporting period: Budget: Contribution: RUB 1,8 Sales volume: 12 500 units Fixed overhead: RUB
The following information is available for Company ABC in the current reporting period:
Budget:
Contribution: RUB 1,8
Sales volume: 12 500 units
Fixed overhead: RUB 2000
Actual sales
Sales volume: 12 800 units
Variances RUB
Sales price variance 600 (A)
Sales volume contribution variance 540 (F)
Materials price 60 (A)
Wages rate 40 (A)
Material usage 160 (A)
Labour efficiency 120 (F)
Fixed overhead expenditure variance 200 (F)
Calculate actual profit for the period
(A) - Adverse; (F) - Favourable
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