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i need the answer please! Puma Ltd is in the process of developing its budgets for the next control period. The following information is relevant:
i need the answer please!
Puma Ltd is in the process of developing its budgets for the next control period. The following information is relevant: Product B NA 4 2 3 Materials required: X litres Y kg Labour hrs required: Skilled Semi-skilled Sales (units) Opening stock (units) 5 2 3,000 120 WN 3 6 2,000 350 The closing stock of finished goods and materials will be sufficient to meet 5% of requirements for the period. Opening stock of material X was 2,000 litres and for material Y, 400kg. X is priced at 8.00 per litre and Y at 12.00 per kg. Skilled workers cost 15.00 per hr and semi-skilled workers cost 10.00 per hr. Required: (a) Draft the following budgets for Puma: (0) Production budget (units) (ii) Material usage budget (litres and kg) (iii) Material purchases budget (E) (iv) Labour budget (E) [3] [2] [2] [2] Step by Step Solution
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