Try flexing the june budget comparing it with the original

Question

Question: Using the figures shown in Activity below, try reconciling the original profit figure for June with the actual June figure

Show that

                                                                              Budget                                            Actual

Output                                                               11,00 units                                     1,150 units

(Production and sales)

                                                                               £                                                         £               

Sales revenue                                                   110,000                                          113,500

Raw materials                                                    (44,000) (44,000 meters)              (46,300) (46,300 meters)       

Labour                                                               (22,000) (2,750 hours)                  (23,200) (2,960 hours)

Fixed overheads                                                (20,000)                                        (19,300)      

Operating profit                                                  24,000                                           24,700    

Try flexing the june budget, comparing it with the original june budget, and so find the sales volume variance.