CLICK HERE TO SAVE YOUR WORK 1 813 B D E F G 8 9 Direct labour required per unit 10 Direct material required per unit 2 3 Exercise 1 (10 marks) 4 S 6 Carro Corporation only sells one product and has the following data concerning it's first month of operations (Carro has sold nothing in previous months) Budgetted production 8,800 units 0.5 hours 2 meters 11 12 Variable costs per unit: 13 Direct materials 14 Direct labour $ 4 per meter $15 per hour 15 16 Fixed costs: 17 Fixed manufacturing overhead $12,000 18 19 20 21 22 23 The company pays all material and labour costs in the month they occur. The company pays 30% of fixed manufacturing overhead in the month it occurs and 70% one month following. Complete the cashflow budget for Carro's production facility: 24 25 Static Production Units Month 1 $8,800 26 37