I HAVE ANSWERED THIS QUESTION, I NEED YOU TO CHECK IT AND FIND OUT IF IT IS CORRECT A toy industry organization produces a type of play, the process of making in two workshops, preparation and completion, using two primary substances, plastic and adhesive. For the purpose of preparing discretionary budgets, the following information was available:

* Estimated sales during the first two months of next year are indicated in the following table, and the unit's sale price is SR 380:

January	February
2500 games	2600 games

* First-month inventory of products: 30% of same-month sales, march sales amount 2200 games.

* Requires the production of one game0. 8 kg of plastic at the price of 13 SR per kg, and 0. 1 kg adhesive at 10 dj per kg.

* Inventory of raw materials (kg) at the end of the month estimated as follows:

Month	January	February
Plastic	3000	2005
adhesive	1000	1000

* Inventory at the beginning of January of plastic and adhesive estimated respectively by: 3500 kg and 1000 kg.

* The hours needed from direct labor to produce one unit estimated at: 2 SR 25/h in the preparation workshop, and 1 SR 30/h in the completion workshop.

* Annual fixed indirect industrial expenses: maintenance of 6000 SR, fire insurance 9600 SR. The variable indirect industrial expenses are charged on the basis of direct working hours per month as follows: motors 0.3 SR, heating, and lighting 0.2 SR, work 0.3 SR.

* Estimated marketing and administrative costs include: packaging expenses 3 SR per sold unit, insurance expenses: 7000 SR per month, total distribution expenses for January and February :SR 5,100 distributed by sales value, and administrative costs estimated at 20,000 SR per month.

* The value of sales occurs in cash during the month in which the sale takes place, and purchases are paid at the end of each two months, while other expenses are paid as soon as they are realized, and the cash balance at the beginning of January is estimated at 1000 SR.

Required: Preparation of estimated budgets for sales, production, raw materials, direct labor, indirect industrial expenses, marketing and administrative expenses, and treasury (cash), for January and February. HERE IS MY ANSWER, PLEASE CHECK IT

Estimated budgets for the Treasury (cash):

The value of sales occurs in cash during the month in which the sale takes place

Purchases are paid at the end of every two months

Other expenses are paid as soon as they are realized.

Cash balance at the beginning of January at 1000 riyals.

Cash receipts:

Statement	January	February
The value of sales occurs in cash during the month in which the sale takes place	950000	988000
Total	8310000

Cash payments:

Statement	January	February
Direct labour	202400	198400
Indirect industrial expenses	21672	21552
Administrative and marketing expenses	37000	37400
Total expenses	261072	257352
Cost of purchasing plastic	-	32669
Cost of purchasing adhesive	-	5010
Total purchases of materials		9 7 6 7 3
Total payments	261072	295031

Treasury's monetary budget:

Statement	January	February
First-term balance	1000	707973
(+) Cash receipts	950000	988000
(-) Cash payments	246772	237588
Last-term balance	704228	1458385

Balance for the first period of the month = balance of the last period of the month preceding it

Balance for the first period of January = 1000

Last January balance = 704228