Argent Industrial Limited has the following forecast (in units) for the next four months: January 60 000 The cost of production per unit is

Â

Argent Industrial Limited has the following forecast (in units) for the next four months: January 60 000 The cost of production per unit is as follows: Direct Material Direct Labour Manufacturing overheads REQUIRED F February 62 000 The selling price per unit is R110. The policy of the company is to maintain finished goods closing inventory at 50% of the next month's sales. March 68 000 R 30 25 15 R70 April 70 000 Compile a production schedule (units) for February and March. Calculate the cost of goods manufactured budget for February and March.