Please read the following question carefully and answer it based on the instructions.

Apply the variance analysis techniques by using available information and determine from the result which is (favourable or adverse). Original budget Actual figures Output 3,000 units 2,500 units f Sales revenue 150,000 130,000 Raw material 45,000 (45,000 meters) 32,000 (40,000 meters) Labour 27,000 (5,000 hours) 18.000 (4,500 hours) Fixed overhead 55,000 56,000 Operating profit 23,000 24.000 Explain variance analysis calculation result (why favourable, why adverse). Apply the variance analysis techniques by using available information and determine from the result which is (favourable or adverse). Original budget Actual figures Output 3,000 units 2,500 units f Sales revenue 150,000 130,000 Raw material 45,000 (45,000 meters) 32,000 (40,000 meters) Labour 27,000 (5,000 hours) 18.000 (4,500 hours) Fixed overhead 55,000 56,000 Operating profit 23,000 24.000 Explain variance analysis calculation result (why favourable, why adverse)