Gilmore Engineering Limited manufactures and supplies one product $$ a Gundowan, a

specialist component for the oil exploration sector.

The standard cost data to produce one unit is as follows:

Materials $3$ kgs at $4$ per kg $=12\mathrm{.}00$

Labour $2$ hours at $9$ per hour $=18\mathrm{.}00$

Variable Overheads $2$ hours at $18$ per hour $=36\mathrm{.}00$

The budgeted selling price of a Gundowan is $85\mathrm{.}00$ per unit.

Variable overheads are absorbed into product costs on the basis of labour hours.

Although the company had forecast that it would sell $15,000$ units in November, actual

sales were $16,000$ units at $88$ per unit.

The actual costs for November were:

Materials $49,500$ kgs cost $210,735$

Labour $28,800$ hours cost $273,600$

Variable Overheads $575,000$

Prepare a tabular format comparing the Original Budget for November with the

Flexible Budget for November. Show all workings.