ABC Pty Ltd produces turbines used in the production of hydro-electric generating equipment. The turbines are sold to various engineering companies that produce hydro- powered generators in Australia.

Details of the operations for the coming four months are provided in Google Doc. Link here>> (shorturl.at/gwF58) or (https://docs.google.com/spreadsheets/d/1-LHHbdOiNHROX-Kd2q-UyHUH0Kp2LRzF2TJEowBOPjI/edit#gid=0)

• Required:
• Part A: Prepare Operating Budgets as follows:

1. Ending Inventory Budget for the month of June
2. Cost of goods Sold Budget for the quarter