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Felcity (Pty) Ltd manufactures and sells two products - Product F and Product G. The management wishes to prepare the budget for quarter four ending

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Felcity (Pty) Ltd manufactures and sells two products - Product F and Product G. The management wishes to prepare the budget for quarter four ending December 2020, which comprises of 12 twelve) weeks. No production is done over weekends. The following information has been provided to prepare the budget for Quarter four: Marketing and production data: Forecasted sales - Quarter 4 units Direct materials per united Direct labour per unit hours) Coefficiency) Product 3570 25.00 Product 4505 22 50 15.00 Additional information: . 250 employees work a 40 hour, five-dayweek and are paid R25.00 per hour Overtime is paid at R35.00 per hour. Owing to recent machinery installation, employees are only expected to work at 90% efficiency Raw materials are expected to cost R40.00 per Estimated inventory levels at the start of the budget period (1 October 2020) are expected to be On hand at beginning of budget period Raw materials 75 000 Product Flunits) 1000 Product Gunits . Budgeted closing inventories are estimated as folows: There should be sufficient raw material inventories on hand to meet 3 days of production Inventory levels of Product should be the equivalent to 10 days sales volume Inventory levels of Product should be the equivalent to 12 days sales volume Required: Prepare or calculate the following for the fourth quarter ending December 2020 Round all answers to the nearest constant, le no decimals 01.1 Production budget 8 012 Direct Material purchases budget 013 Labour budget. Hours only 2.1.4 Rand value (cost) of labour. Felcity (Pty) Ltd manufactures and sells two products - Product F and Product G. The management wishes to prepare the budget for quarter four ending December 2020, which comprises of 12 twelve) weeks. No production is done over weekends. The following information has been provided to prepare the budget for Quarter four: Marketing and production data: Forecasted sales - Quarter 4 units Direct materials per united Direct labour per unit hours) Coefficiency) Product 3570 25.00 Product 4505 22 50 15.00 Additional information: . 250 employees work a 40 hour, five-dayweek and are paid R25.00 per hour Overtime is paid at R35.00 per hour. Owing to recent machinery installation, employees are only expected to work at 90% efficiency Raw materials are expected to cost R40.00 per Estimated inventory levels at the start of the budget period (1 October 2020) are expected to be On hand at beginning of budget period Raw materials 75 000 Product Flunits) 1000 Product Gunits . Budgeted closing inventories are estimated as folows: There should be sufficient raw material inventories on hand to meet 3 days of production Inventory levels of Product should be the equivalent to 10 days sales volume Inventory levels of Product should be the equivalent to 12 days sales volume Required: Prepare or calculate the following for the fourth quarter ending December 2020 Round all answers to the nearest constant, le no decimals 01.1 Production budget 8 012 Direct Material purchases budget 013 Labour budget. Hours only 2.1.4 Rand value (cost) of labour

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