Question
AA Company prepared the following figures for its only product as a basis for its 200B budget:; Budgeted Sales 240,000 units Selling price P 5
AA Company prepared the following figures for its only product as a basis for its 200B budget:;
Budgeted Sales
240,000 units
Selling price
P 5
Required materials per unit of product
2 pieces
Materials beginning inventory
20,000 pieces
Materials ending inventory
24,000 pieces
Purchase price per piece of material
P 3
Finished goods beginning inventory
15,000 units
Finished goods ending inventory
18,000 units
Direct labor hours, per 1,000 units of product
60 hours
Direct labor rate per hour
P30
Variable factory overhead rate per hour
P10
Fixed factory overhead
P300,000
The budgeted peso amount of materials purchases is?
The total budgeted manufacturing cost for 200B is?
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