QUESTION $2$

REQUIRED

Use the information provided below to prepare the performance report for June $2025.$

INFORMATION

Astral Ltd manufactures a single product. It originally planned to produce and sell $12000$ units during June but the actual

activity level was $15000$ units. The budgeted and actual income and costs for the month are as follows:

Original Budget Actual results

Volume $12000$ units $15000$ units

R R

Sales $62400008250000$

Cost of sales $(4790000)(6320000)$

Direct Materials $20400002700000$

Direct labour $14400001950000$

Variable overheads $9600001350000$

Fixed overheads $350000320000$

Gross Profit $14500001930000$