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ABC Pty Ltd produces turbines used in the production of hydro-electric generating equipment. The turbines are sold to various engineering companies that produce hydropowered generators
ABC Pty Ltd produces turbines used in the production of hydro-electric generating equipment. The turbines are sold to various engineering companies that produce hydropowered generators in Australia.
Details of the operations for the coming four months are provided in the attached excel spread sheet.
Requirement:
Prepare the following budgets for:
- Monthly Selling & Administrative Expenses Budget for the quarter ending June
- Ending Inventory Budget for the month of June
- Cost of goods Sold Budget for the quarter
- Budgeted Income Statement for the quarter
- Monthly Cash budget for the quarter.
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