Instructions Sales Budget Production Budget Direct materials Budget Direct Labour budget ACCT-5012 -CASE STUDY-F21 Fine Crice Company Mati Re Tal Do'king the Masih Pen IN - Miriar Saty. , wote walio Der ble el 20 ME LG 101 131 14 11 10 15 13 KUPES will find a way that lulpa Ballonnen they Weyer . 1. en 7 Walch Baldes CV 1 Bloch Bala Short 30 M . 20 e par There He had y at the who's MOB Athens TW D. P . | 4 Naat NI . w streng All laalaie, Tamil ted Ja D. Jp Company commented out the man versitet w - (4 240 m Die polis Apotheke terperche expediente on the Posteriorem 0420 SI Fine Office Company . vis . Cu toalettbok Firmware hulasa altele ME PO 01 09 7200 OI 09 09 Scaun Adopoledyr Delivery 04 We 5 w 140 . Jon Suppo SE GE The Twili Tinted parte . the walleyem Me Do Accm Depec Net - (' Alle producties wide . i pa natural cart 10 145.000 Don't use marking cells Max. Points Group Points Sales Budget Year Quarter P100 Expected Sales units 1 Selling Price 1 1 Total Sales P100 P200 preted Sales units Selling Price 1 Total Sales P200 Total Sales Test Don't use marking cells Max. Points Group Points Production Budget Quarter 1 2 3 Year Expected Sales Units P100 2 2 1 2 Add desired ending of Inventory P100 Total needs P100 Les beginning of investory P10 Repaired Producten xpected Sales C300 Add desired ending of lovatory 1200 Total needs 1200 Lew beginning of lovatory P200 300 equired Production in 10 Direct Materials Budget Don't use marking cells Max. Points Group Points Year 1 1 1 1 Quarter P100 Production units Materials per unit P100 Total material needs Used P200 Production units Materials per unit 1200 Total material needs Used Total Material needs for '100 and 1200 Add desired ending of inventory Total needs Lew beginning of laventory Material terhadde ni pre Material to be parchased 1 ! Test Cost of Finding Inventory of Directorul december 2021 Direct Labour Budget Don't use marking cells Max. Points Group Points Year Quarter Production Units Labour per unit Total labour needs Labour Rates Paid Total Direct Labour costs 1 1 ! 1 Test Don't use marking cells Max. Peints Group Points Manufacturing Overhead Budget 4 Year Baduted Production units Machinebours per unit Total Budete Machine hours 3 3 1 3 1 Budgeted Manufacturing Overhead Test Predetermined Churhead Rate Estimated Manufacturin Overhead Machine Hours per machine beur Max. Points Group Points Total Ending Finished Goods Inventory Budget P100 Cost Element Quantity Cost Direet Materials + Direct Labour + Manufacturing Overhead Prodect Cost Per Unit X Fading Inventory in Units Ending insbed Cod Inventory 2 2 2 2 12 Don't use marking cells Total Ending Finished Goods Inventory Budget P200 Cost Element Quantity Cont Diret Materials Diret Labour Manufacturing Overhead Product Cost Per Umir X Ending Inventory in Units Ending Finished Goods Inventory Cost of Goods Sold Direct materials Used Direct labour costs Manufacturing Overhead Costs Total Costs of Manufacture Beginning Finished Goods Inventory Les Ending Finished Goods Inventory Coul of Good Sold Max. Polats Group Points 2 2 2 2 2 2 2 Don't use marking cells Don't use marking cells Max. Points Group Points Year Selling and Administrative Expense Budget Quarter 1 Quarter 2 Quarter 3 Quarter 4 Budgeted sales in unit Badgeted sales valere Variable Delivery costs Commission Total Varise Costa Fixed Cost Accounting & professional services Administrative and sales salaries Advertising Computer costs Depreciation Office Supplies Printing Insurance Property taxes Rent 1 1 1 1 1 1 1 Total Fiets Total Test: Cash Total per quarter Note Dedict Depreciation Test: 19 Don't use marking cells Max Points Group Points em Statement forwarded Ust December 2021 2 2 es st of goods sold profit ling and Administration expenses erating Income est expense Lecome before taxation 2 2 2 2 2 2 lacone Alertavation 2 IN he stof Gads Nold of materials Used et labour costs nufacturing Overhead Cests Costs of Manufacture in Finished Goods Tactory as Ending Finished Godstventory stof Goods Sold GS using the nice anding difference! Don't sem Max. Points CVP Income Statement for year ended 31st December 2011 Variable Cars materials Labour facturing Variable Over ons & Administration variable cost stment for Finished Inventory ning Finished Goods Inventory Find Finished Godfryetary Contribution Martins Fixed costs Administration fixed corte sto Tax neeme after taxation wwwwwwwww Max. Points Group Points 1 4 Year CASH BUDGET for the year ending ist December 2021 1 2 Beginning cash balance Add: Recipes Collections from Customers Total recipe Total available ash: L: Disbursements Direct Materials Direct Labour Manufacturing Overhead Selling and Administrative expenses Purchase of a Machine Le Tokep Dividende Totale. Excess deficiency of available cash over cash disbursement mancing Ador |Lam karumai Islalim nera Diada chance 2 21 32 Notes Minimum cash balance: $10,000 Interest on loans to wpad in Quartor 4 Taxation amount taken from the Income Statement hedule of receipts from customers LOT se marine cei Mur. Polats Group Point Recripts by Quarter 2022 Cash Sales Credit Sales Otr 1 Our 2 Qty 1 wounts Receivable. De 2020 1 1 1 on Quarter ind Ouarter urth Quarter 1 1 1 sh Sales dit Sales letion of dit sal in the quarter of the sale election of Credit with winga hedule of expected payments for Direct materials Payments by Carter Our Our 2022 Our Purchase ON 1 Ord mounts Payable Do 2020 MO Outer ind water with Omar tal Payment 1 1 1 1 chases paid in cand in the quarter and in the following 14 Don't use marking cells Max. Points Group Points 5 Balance Sheet at 31st December 2021 Asus Current Assets Cash Accounts receivable Finished goods inventory Raw materials inventory Total Current Assets 1 1 Pro Plant & comment Less: Accumulated depreciation Total: Liabilities and Shareholders Equity Liabilities Accounts payable Bank Loan Shareholders Equity Common Stock Retained Emnings Total Shai Total Liabilities and Shareholders Equity Test Statement of Retained Earnings as at 31st December 2021 Opening balance Net Incom Less Dividends Closing balance Recorated frination provided Balance Sheet at 31st December 2020 Assets Current Assets Cash Accounts receivable Finished goods inventory Raw mavril inventory Total Current Asset 12121212121 Property Plant Runt Less: Accumulated depreciation Total: 05 0.5 05 Liabilities and Sharvholders Equity Liabilities Accounts payable Shareholders Equity Common Stock Retained Emin Total Shareholders Equity Total Liabilities and shareholders Equity Jalal Test: 24 Instructions Sales Budget Production Budget Direct materials Budget Direct Labour budget ACCT-5012 -CASE STUDY-F21 Fine Crice Company Mati Re Tal Do'king the Masih Pen IN - Miriar Saty. , wote walio Der ble el 20 ME LG 101 131 14 11 10 15 13 KUPES will find a way that lulpa Ballonnen they Weyer . 1. en 7 Walch Baldes CV 1 Bloch Bala Short 30 M . 20 e par There He had y at the who's MOB Athens TW D. P . | 4 Naat NI . w streng All laalaie, Tamil ted Ja D. Jp Company commented out the man versitet w - (4 240 m Die polis Apotheke terperche expediente on the Posteriorem 0420 SI Fine Office Company . vis . Cu toalettbok Firmware hulasa altele ME PO 01 09 7200 OI 09 09 Scaun Adopoledyr Delivery 04 We 5 w 140 . Jon Suppo SE GE The Twili Tinted parte . the walleyem Me Do Accm Depec Net - (' Alle producties wide . i pa natural cart 10 145.000 Don't use marking cells Max. Points Group Points Sales Budget Year Quarter P100 Expected Sales units 1 Selling Price 1 1 Total Sales P100 P200 preted Sales units Selling Price 1 Total Sales P200 Total Sales Test Don't use marking cells Max. Points Group Points Production Budget Quarter 1 2 3 Year Expected Sales Units P100 2 2 1 2 Add desired ending of Inventory P100 Total needs P100 Les beginning of investory P10 Repaired Producten xpected Sales C300 Add desired ending of lovatory 1200 Total needs 1200 Lew beginning of lovatory P200 300 equired Production in 10 Direct Materials Budget Don't use marking cells Max. Points Group Points Year 1 1 1 1 Quarter P100 Production units Materials per unit P100 Total material needs Used P200 Production units Materials per unit 1200 Total material needs Used Total Material needs for '100 and 1200 Add desired ending of inventory Total needs Lew beginning of laventory Material terhadde ni pre Material to be parchased 1 ! Test Cost of Finding Inventory of Directorul december 2021 Direct Labour Budget Don't use marking cells Max. Points Group Points Year Quarter Production Units Labour per unit Total labour needs Labour Rates Paid Total Direct Labour costs 1 1 ! 1 Test Don't use marking cells Max. Peints Group Points Manufacturing Overhead Budget 4 Year Baduted Production units Machinebours per unit Total Budete Machine hours 3 3 1 3 1 Budgeted Manufacturing Overhead Test Predetermined Churhead Rate Estimated Manufacturin Overhead Machine Hours per machine beur Max. Points Group Points Total Ending Finished Goods Inventory Budget P100 Cost Element Quantity Cost Direet Materials + Direct Labour + Manufacturing Overhead Prodect Cost Per Unit X Fading Inventory in Units Ending insbed Cod Inventory 2 2 2 2 12 Don't use marking cells Total Ending Finished Goods Inventory Budget P200 Cost Element Quantity Cont Diret Materials Diret Labour Manufacturing Overhead Product Cost Per Umir X Ending Inventory in Units Ending Finished Goods Inventory Cost of Goods Sold Direct materials Used Direct labour costs Manufacturing Overhead Costs Total Costs of Manufacture Beginning Finished Goods Inventory Les Ending Finished Goods Inventory Coul of Good Sold Max. Polats Group Points 2 2 2 2 2 2 2 Don't use marking cells Don't use marking cells Max. Points Group Points Year Selling and Administrative Expense Budget Quarter 1 Quarter 2 Quarter 3 Quarter 4 Budgeted sales in unit Badgeted sales valere Variable Delivery costs Commission Total Varise Costa Fixed Cost Accounting & professional services Administrative and sales salaries Advertising Computer costs Depreciation Office Supplies Printing Insurance Property taxes Rent 1 1 1 1 1 1 1 Total Fiets Total Test: Cash Total per quarter Note Dedict Depreciation Test: 19 Don't use marking cells Max Points Group Points em Statement forwarded Ust December 2021 2 2 es st of goods sold profit ling and Administration expenses erating Income est expense Lecome before taxation 2 2 2 2 2 2 lacone Alertavation 2 IN he stof Gads Nold of materials Used et labour costs nufacturing Overhead Cests Costs of Manufacture in Finished Goods Tactory as Ending Finished Godstventory stof Goods Sold GS using the nice anding difference! Don't sem Max. Points CVP Income Statement for year ended 31st December 2011 Variable Cars materials Labour facturing Variable Over ons & Administration variable cost stment for Finished Inventory ning Finished Goods Inventory Find Finished Godfryetary Contribution Martins Fixed costs Administration fixed corte sto Tax neeme after taxation wwwwwwwww Max. Points Group Points 1 4 Year CASH BUDGET for the year ending ist December 2021 1 2 Beginning cash balance Add: Recipes Collections from Customers Total recipe Total available ash: L: Disbursements Direct Materials Direct Labour Manufacturing Overhead Selling and Administrative expenses Purchase of a Machine Le Tokep Dividende Totale. Excess deficiency of available cash over cash disbursement mancing Ador |Lam karumai Islalim nera Diada chance 2 21 32 Notes Minimum cash balance: $10,000 Interest on loans to wpad in Quartor 4 Taxation amount taken from the Income Statement hedule of receipts from customers LOT se marine cei Mur. Polats Group Point Recripts by Quarter 2022 Cash Sales Credit Sales Otr 1 Our 2 Qty 1 wounts Receivable. De 2020 1 1 1 on Quarter ind Ouarter urth Quarter 1 1 1 sh Sales dit Sales letion of dit sal in the quarter of the sale election of Credit with winga hedule of expected payments for Direct materials Payments by Carter Our Our 2022 Our Purchase ON 1 Ord mounts Payable Do 2020 MO Outer ind water with Omar tal Payment 1 1 1 1 chases paid in cand in the quarter and in the following 14 Don't use marking cells Max. Points Group Points 5 Balance Sheet at 31st December 2021 Asus Current Assets Cash Accounts receivable Finished goods inventory Raw materials inventory Total Current Assets 1 1 Pro Plant & comment Less: Accumulated depreciation Total: Liabilities and Shareholders Equity Liabilities Accounts payable Bank Loan Shareholders Equity Common Stock Retained Emnings Total Shai Total Liabilities and Shareholders Equity Test Statement of Retained Earnings as at 31st December 2021 Opening balance Net Incom Less Dividends Closing balance Recorated frination provided Balance Sheet at 31st December 2020 Assets Current Assets Cash Accounts receivable Finished goods inventory Raw mavril inventory Total Current Asset 12121212121 Property Plant Runt Less: Accumulated depreciation Total: 05 0.5 05 Liabilities and Sharvholders Equity Liabilities Accounts payable Shareholders Equity Common Stock Retained Emin Total Shareholders Equity Total Liabilities and shareholders Equity Jalal Test: 24