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What is the original budget profit for the period

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Reference no: EM132971570

Shirley Ltd produced the following information for the month of August.

£

Sales price variance 57,000 (adverse)

Sales volume variance 36,000 (favourable)

Actual profit 179,000

Direct materials 65,000 (favourable)

Direct labour 83,000 (adverse)

Fixed overheads 18,000 (favourable)

Problem 1: What is the original budget profit for the period?

Reference no: EM132971570

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