Ultra Modern Cassette Ltd had budgeted the following sales for February 2010:
|
VCD cassette |
1,100 units at Rs. 50 per unit |
|
DVD cassette |
950 units at Rs. 100 per unit |
|
MP3 |
1,250 units at Rs. 80 per unit |
As against this, the actual sales were:
|
VCD |
1,300 units at Rs. 55 per unit |
|
DVD |
1,000 units at Rs. 95 per unit |
|
MP3 |
1,200 units at Rs. 78 per unit |
The cost per unit of CD, DVD and MP3 was Rs. 45, Rs. 85 and Rs. 70, respectively.
Compute the different variances to explain the difference between the budgeted and the actual profit.