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Please do asap. 32 2(1) A company prepared a sales budget...

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Accounting

Please do asap.

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32 2(1) A company prepared a sales budget which showed the following cost structure: % of sales Direct materials Direct wages 18 Production overheads variable fixed 24 Administrative and selling costs variable 3 fixed 7 Net Profit 10 After 10 weeks, however, it become obvious that the sales budget was too optimistic and it has now been estimated that because of a reduction in sales volume, for the full year, sales will total Rs2,560,000 which is only 80% of the previously budgeted figure, You are required to present a statement for management showing the amended sales and cost structure in Rs in a marginal costing format. () Break even sales value

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