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Budgeted Production City Aluminium produces two products namely, Table and Chair. Planned sales for the year 2020 are as details given below: Product Units Unit
Budgeted Production City Aluminium produces two products namely, Table and Chair. Planned sales for the year 2020 are as details given below: Product Units Unit selling price Table 75.000 RMSO Chair 190,000 RM30 Both the products use two types of clay materials, namely Aluminium and Sponge: Aluminium costing RM0.90 per kg. Sponge costing RM1.20 per kg. Direct materials usages per unit are: Product Aluminium Sponge Table S kg per unito kg per unit Chair 4 kg per unit 3 kg per un Stocks are estimated to be: Year 2018 Finished units Direct material (litres Table Chair Aluminium Sponge Opening 5.000 6000 16.000 28,000 Closing 4.2004.800 32,000 REQUIRED: (a) Prepare the Sales Budget for Table and Chair and in total (RM). (7 marks) (b) Prepare the Production Budget in quantities for Table and Chair (8 marks) (c) Prepare the Direct Materials Usage Budget for Aluminium and Sponge in kg only. (7 marks) (d) Prepare the Purchases Budget for direct materials in kg and total value for Aluminium and Sponge
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