The standards company makes a product called Pro-Standard. The standard costings for one Pro-Standard are shown below: The budgeted selling price of a Pro-Standard for the period was 80. Budgeted sales volume 200 Pro-Standards. Actual Results The company uses an absorption costing system for all overheads. Required a) Calculate the following, stating clearly whether each is adverse or favourable: (10 marks) Round off your answer to the nearest whole number with no \pm sign. If the value is a negative include the minus sign e.g. 100,000 You can use the template provided here(click to download) The standards company makes a product called Pro-Standard. The standard costings for one Pro-Standard are shown below: The budgeted selling price of a Pro-Standard for the period was 80. Budgeted sales volume 200 Pro-Standards. Actual Results The company uses an absorption costing system for all overheads. Required a) Calculate the following, stating clearly whether each is adverse or favourable: (10 marks) Round off your answer to the nearest whole number with no \pm sign. If the value is a negative include the minus sign e.g. 100,000 You can use the template provided here(click to download)