... 1 83, 800−8 ,30 0Fixed costs125,000125,000 130 ,000−5,000Net profit70,00050,500 53, 800 3, 300226 ACCOUNTING FOR MANAGERS Table 15.1 Actual v. budget financial reportBudget for this periodActual for this ... 7,500Variable overhead 30 0,000 270,000 2 83, 250 − 13, 250Total variable costs 1,505,000 1 ,35 4,500 1 ,39 1,200 36 ,700Contribution 195,000 175,500 1 83, 800 −8 ,30 0Fixed costs 125,000 125,000 130 ,000 −5,000Net ... costsMaterialsPlastic 30 ,000 26,600 3, 400Metal 20,000 20,000 0Wood 30 ,000 26,600 3, 400LabourSkilled 900,000 838 ,750 61,250Semi-skilled 225,000 195,000 30 ,000Variable overhead 30 0,000 2 83, 250 16,750Total...