However, after adjusting to the actual activity level in the flexed budget, the expected profit aligns with the actual operating profit reported of R$22,080,$ confirming the company's performance against adjusted expectations.

$\backslash$table$[[$Description$,\backslash$table$[[$Fixed Budget$],[$Covers$)]],\backslash$table$[[30],[$Flexed Budget$],[$Covers$)]],\backslash$table$[[$Actual Performance $(25],[$Covers$)]]],[$Sales Revenue,R $45,000,$R $37,500,$R $37,500],[$Material Costs,R $13,500,$R $12,600,$R $12,600],[$Labor Costs,R $450,$R $420,$R $420],[$Fixed Overheads,R $2,400,$R $2,400,$R $2,400],[$Total Costs,R $16,350,$R $15,42025,420,]]$

Question $2$

What particular variances do you notice between some of the actual and budgeted figures. State which variances they are, what they are caused by$,$ and the amount of the variance.