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Brodie Ltd has undertaken its budget planning for the coming accounting period Budget item Budget data Sales 60 000 units; selling price $120 Cost of
Brodie Ltd has undertaken its budget planning for the coming accounting period
Budget item | Budget data |
Sales | 60 000 units; selling price $120 |
Cost of inventory Direct materials: 2 kilograms @ $5 per kilogram Direct labour: 3 hours @ $15 per hour Indirect manufacturing costs: $4 per direct labour hour Raw materials inventory Beginning balance: 10 000 kilograms Ending balance: 15 000 kilograms Raw material cost $5 per kilogram Selling and administration costs $200 000
Prepare a budgeted statement of profit or loss for the coming accounting period
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