[tarunkumar]

Hi Deborah, The answer I picked was 16,893 not sure if it’s correct?

$’000
17,000 X 90% 15,300
Pay Rise 6% 15,300 *1.06 16,218
1500 X 500 X 90% (Bonus) 675
Total 16,893

[tarunkumar]

@JIMBOB, Ref. to question for Variances, the Budgeted Selling Price was given right at the begining of the question and the actual selling price somewhere near the middle of the question, There are various ways of calculation, I used the Actual Units Sold and Multiplied it by Actual Selling Price and Actual Units sold multiplied by Budgeted Selling Price, if memory serves me right the variance was adverse as the Budgeted SP was higher than actual SP hope this helps.

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