The following data is taken from Henock Plc (10 Points).
Budget
Actual
Selling Price per unit
25
20
Output
10,000
15,000
Variable cost per unit
10
15
Fixed Cost
5,000
4,000
Required: Based on the above data, compute
a. Actual Result for operating income
b. Static Budget for operating income.
c. Flexible Budget for operating income
d. Static Budget Variance for operating income
e. Flexible Budget Variance for operating income