Daniel Ltd makes three products, X, Y, and Z, in two producing departments, A and B, in each of which are employed two grades of labour. The management accountant is preparing the annual budgets for 1995 and he has asked you as his assistant to prepare, using the data given below:

(a) the production budget for products X, Y, and Z; and

(b) the direct wages budget for departments A and B with the labour costs of products X, Y, and Z and the totals shown separately.

Transcribed Image Text:

Product X Y Z Finished goods 000 000 000 1 January 1995 720 540 1,800 31 December 1995 600 570 1,000 Standard costs Cost per unit 24 15 20