Question: Using the data given, you are required to prepare the operating statement for the month ended 31 October to show the budgeted profit; the variances

Using the data given, you are required to prepare the operating

Using the data given, you are required to prepare the operating statement for the month ended 31 October to show the budgeted profit; the variances for direct materials, direct wages, overhead and sales, each analyzed into causes, and actual profit. (30 marks)

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