# pls help

Registered Posts: 734 Epic contributor 🐘
hey, am doing a kaplan engae thing and got th following question. not sure what the answer is and there aren't answers so can't work it out from that

A company produces and sells product Y. Budget and actual data is as follows:

Budget Actual

Sales ( units ) 100,000 120,000
Sales Revenue £995,000 £1,200,000
Direct Costs £280,000 £360,000
Variable Production O/H £56,000 £60,000
Fixed Production Costs £290,000 £300,000

PROFIT £5,000 £120,000

Profit / ( loss ) per the flexed budget will be:

A £6000
B £(6000)
C £136,800
D £(136,800)

oh is it A?

• Registered Posts: 734 Epic contributor 🐘

A company produces 1 product for which budget and actual data are shown below:

Budget Budget Actual
10,000 11,000 11,500
Units Units Units

Turnover (£) 200,000 220,000 222,000
Dir Labour (£) 35,000 38,500 41,000
Dir Materials (£) 50,000 55,000 56,500

Which of the following statements is correct:

The flexed budget shows a profit of £82,000
The flexed budget shows a profit of £81,545
The flexed budget shows a profit of £78,000
The flexed budget shows a profit of £70,000
• Registered, Moderator Posts: 2,034 mod
Do you think it might be c ?
120000 units
Revenue .£1,194,000
Direct cost £336,000
Variable ovd £67,200
Fixed prodn £290,000
Op'ting profit£136,800
Sandy
sandy@sandyhood.com
www.sandyhood.com
• Registered, Moderator Posts: 2,034 mod
A £82,000 profit
Sandy
sandy@sandyhood.com
www.sandyhood.com
• Registered Posts: 734 Epic contributor 🐘
would you mind breaking those down in simple terms for me please? i thought the first one was a!
• Registered Posts: 82 Regular contributor ⭐
I agreed, answer i think is C 136,800
• Registered Posts: 82 Regular contributor ⭐
Im not sure your data is correct in the 2nd question cz i dont get any of the options?????
• Registered Posts: 734 Epic contributor 🐘
Im not sure your data is correct in the 2nd question cz i dont get any of the options?????

it's an online thing so i just copied and pasted
• Registered Posts: 585 Epic contributor 🐘
A company produces and sells product Y. Budget and actual data is as follows:

.....................................Budget.................,........................Flexed........... Actual

Sales ( units )..................100,000........................................120,000..........120,000

Sales Revenue................£995,000..(divide by 100 times 120)...£1,194,000......£1,200,000

Direct Costs...................£280,00..(divide by 100 times 120).......£336,000........ £360,000
Variable Production O/H...£56,000..(divide by 100 times 120).........£67,200......... £60,000
Fixed Production Costs....£290,000..(FIXED not flexed)................£290,000........£300,000

PROFIT........................£5,000.............................................£136,800........ £120,000

Profit / ( loss ) per the flexed budget will be:

A £6000
B £(6000)
C £136,800 ..........................This is correct answer
D £(136,800)
• Registered Posts: 734 Epic contributor 🐘
Ahhhhhh i get it. thanks everyone. i was being silly
• Registered Posts: 1,954 Beyond epic contributor 🧙‍♂️
Primble wrote: »
hey, am doing a kaplan engae thing and got th following question. not sure what the answer is and there aren't answers so can't work it out from that

I've used Kaplans engage, theres usually and "expand solution" for the illustrations?