$4\mathrm{.}1\mathrm{.}1$ Use the information provided below to prepare a Performance Report for March $2018.$

$(12$ marks$)$

$4\mathrm{.}1\mathrm{.}2$ Comment on your findings from the performance report.

INFORMATION

Sefika Limited prepared the following budget for March $2018$:

Direct materials and direct labour costs are variable with sales. The variable portion of overheads is R $0\mathrm{.}30$ per unit. The rest of the overheads are fixed. At the end of March $2018,$ the company sold $72000$ units. The following actual results were obtained for March $2018$: