Page 318 - F2 - MA Integrated Workbook STUDENT 2018-19

Chapter 13

Test your understanding 8

SDE produces and sells a single product. The budget and actual results for
the latest period is as follows.

Budget Budget 12,600 units Actual 13,200 units

$ $

Sales revenue 277,200 303,600

Variable costs:

Direct material 75,600 78,350

Direct labour 50,400 51,700

Production overhead 12,600 14,160

Fixed costs

Production overhead 13,450 13,710

Other overhead 10,220 10,160

Profit 114,930 135,520

Prepare a flexible budget control statement and calculate the variances

Illustrations and further practice

Now try TYU question 6 from Chapter 13

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