[sosa]

I did a flexed budget. .for six months which involved dividing most figures by 2 with the assumption that sales revenue and costs are generated/incurred evenly throughout the year.

Then i adjusted for the three items in the notes (eg material costs falling by 10% in the beginnig of the year meant total direct material costs * 0.9 then divided by 2 to get flexed costs)

After flexing everything, i compared flexed results to actual for the variances. The total of all the variances should be equal to the difference between standard flexed profit and actual profit in the table.

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