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Fine Office Company Fine Office Company makes office furniture for offices. They are in the process of preparing a Master Budget including the Operating budget,
Fine Office Company Fine Office Company makes office furniture for offices. They are in the process of preparing a Master Budget including the Operating budget, Cash Statement, Income Statement and Balance Sheet for 2021. The yearly budget is broken into quarters. The year end is 3 31st December 2021. Your group has been requested to compile a master budget for the 3 fiscal year 2021. 10 Package is to include the following budgets; 11 1. Sales budget for each quarter and for the year 12 2. Production budget for each quarter and for the year 13 3. Purchasing Budget for each quarter and for the year 14 4. Direct labour budget for each quarter and for the year 15 5. Manufacturing overhead budget for each quarter and for the year 16 6. Selling and Administration budget 17 7. Work sheets for Collections and Disbursements 18 8. Budgeted Income Statement 19 9. CVP Income Statement 20 10. Budgeted Cash Statement 21 11. Budgeted Balance Sheet 22 Additional details: 23 Fine Office Company produces two products P100 and P200 24. Sales price per P100 is A 25 Sales price per P200 is B 26. There are 800 units from P100 in finished goods inventory at the end of 2020 with a value 27 of 2020 value 3,00,000. At the end of each quarter, Fine Office Company requires ending inventon Instructions Sales Budget T Drodati Fine Office Company Fine Office Company makes office furniture for offices. They are in the process of preparing a Master Budget including the Operating budget, Cash Statement, Income Statement and Balance Sheet for 2021. The yearly budget is broken into quarters. The year end is 3 31st December 2021. Your group has been requested to compile a master budget for the 3 fiscal year 2021. 10 Package is to include the following budgets; 11 1. Sales budget for each quarter and for the year 12 2. Production budget for each quarter and for the year 13 3. Purchasing Budget for each quarter and for the year 14 4. Direct labour budget for each quarter and for the year 15 5. Manufacturing overhead budget for each quarter and for the year 16 6. Selling and Administration budget 17 7. Work sheets for Collections and Disbursements 18 8. Budgeted Income Statement 19 9. CVP Income Statement 20 10. Budgeted Cash Statement 21 11. Budgeted Balance Sheet 22 Additional details: 23 Fine Office Company produces two products P100 and P200 24. Sales price per P100 is A 25 Sales price per P200 is B 26. There are 800 units from P100 in finished goods inventory at the end of 2020 with a value 27 of 2020 value 3,00,000. At the end of each quarter, Fine Office Company requires ending inventon Instructions Sales Budget T Drodati
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