Mandy Ltd produces one product, the Mend. The total budgeted profit for the business for February 2015
Question:
Mandy Ltd produces one product, the Mend. The total budgeted profit for the business for February 2015 was S38 400. The following variances have been calculated.
Required
Calculate the actual profit for Mandy Ltd for February 2015.
Transcribed Image Text:
Direct material price variance 2 995 adverse Direct material usage variance 3 120 favourable Direct labour rate variance 1940 favourable Direct labour efficiency variance 5 820 adverse
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Related Book For
Accounting For Cambridge International AS And A Level
ISBN: 9780198399711
1st Edition
Authors: Jacqueline Halls Bryan, Peter Hailstone
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