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delphinium Ltd had the following budgeted and actual income statements for the month of July
Produce a flexed budget to reflect the actual business output in the period.
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Part 1
Insert the flexed budgeted figures in the following table, based on the actual output of
250
units:
(Complete the necessary answer boxes.)
| Budgeted | Flexed | Actual |
| Output (units) | 200 | 250 | 250 |
| Sales revenue () | 140,000 | | 180,000 |
| Raw materials () | 8,000 | | 10,500 |
| Labour () | 4,000 | | 5,500 |
| Fixed overheads () | 42,000 | | 55,000 |
| Operating profit () | 86,000 | | 109,000 |
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