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1. Cost per Unit of Product Raw Materials: Material J (8kg at R5 per kg) R40.00 Material M (6kg at R6 per kg) R36.00
1. Cost per Unit of Product Raw Materials: Material J (8kg at R5 per kg) R40.00 Material M (6kg at R6 per kg) R36.00 Direct Labour: Station 1 (7 hrs at R8 per hour) R56.00 Station 2 (5 hrs at R6 per hour) R30.00 Manufaturing Overheads: 9 hours at R5 per hour R45.00 R207.00 2. Raw Material inventory 1 April 2020 30 April 2020 Material J 8,000 kg 7,000 kg Material M 4,000 kg 2,000 kg 3. Production Statistics for April 2020 Finished goods on 1 April Sales in April Finished products on 30 April 500 units 3,000 units at R300 per unit 300 units Required Prepare the following budgets for April 2020: a) Production budget (unit and value) b) Raw Materials Purchases budget (kilogram and value) c) Direct labour budget (hours and value) C (4)
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