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(A) Prepare the material budget for the year 2021 using the following data: Material per unit: 3 kilograms - Material price: SR 5 per kilo
(A) Prepare the material budget for the year 2021 using the following data: Material per unit: 3 kilograms - Material price: SR 5 per kilo Ending or closing inventory of material: December 31, 2020= 1000 kilogram The ending inventory of material is 20% of the material of the same quarter The units of production for the quarters of the year 2021 are 5000, 6000, 7000, 8000 respectively
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