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Frame Antique manufactures picture frames. Production for May are expected to be 20,000 units of various sizes. The following information has been provided: begin{tabular}{|l|l|} hline
Frame Antique manufactures picture frames. Production for May are expected to be 20,000 units of various sizes. The following information has been provided: \begin{tabular}{|l|l|} \hline 4 Picture frames to be produced & 20,000.00 \\ \hline \end{tabular} Required: Prepare a direct materials purchases budget. At the bottom of the budget, indicate the cost of purchases. Show ALL amounts as positive numbers. (11 marks) Frame Antique Using your answer above, explain the purpose of this budget to management (assuming they have not seen this budget before, and are not familiar with accounting). Marks will not be awarded if you do not use the numbers in your budget. Be very specific in your explanation! (2 marks)
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