Winnie Co produces shampoo. Below are the budgeted/actual information provided in relation to the production of the shampoo. usd Selling Price per unit 2,000 Direct materials per unit 700 Direct labour per unit 400 Variable production overhead per unit 200

Details for the month of November is as follows: November Production of shampoo (units) 300 Sales of shampoo (units) 100

Fixed production overheads are budgeted at Rs 2,000 per month. Other costs Fixed selling Rs 1,500 per month Fixed administration Rs 2,500 per month

(a) Prepare the operating budget of Winnie Co in the form of a budgeted profit statement using the above information.(8 mks)