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help me with que no. 3 CoursHeroTranscribedText: 3. MdLM makes...

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Accounting

help me with que no. 3

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CoursHeroTranscribedText: 3. MdLM makes Product E, the standard costs of which are: Sales Revenue Direct labour {1 hour) Direct materials (1 kg) Fixed overheads Standard prot The budgeted output for March ZUZI was 1pm] units; however, the actual production was 1,1 units sold for 44,4m. There were no inventories at the start or end of March The actual production costs were: Direct labour (LHTS hours) j{11,51 3 Direct Materials (1,1?!) kg) 13,455 Fired overheads 5,? Calmate the variance for March from the available information and use them to reconcile the budgeted and actual prot gures? {3 Marks)

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