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Tuke Enterprises provides you with the following information concerning their budget and table [ [ , Static Budget,,Flexible,,Actual ] , [ , , ,

Tuke Enterprises provides you with the following information concerning their budget and \table[[,Static Budget,,Flexible,,Actual],[,,,,,],[Volume,,,,,],[Sales,,,,,],[,,,,,],[\table[[Direct],[Materials]],,,,,],[Direct Labour,,,,,],[\table[[Direct],[Machine],[Hours]],,,,,],[\table[[Variable],[overhead]],,,,,],[\table[[Total Variable],[Costs]],,,,,],[,,,,,],[Contribution,,,,,],[,,,,,],[\table[[Fixed],[overhead]],,,,,],[,,,,,],[Net Profit,,,,,]]
actual results.
Fixed overhead is allocated using budgeted machine hours
Actual results are as follows:
Actual Quantities and Prices
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