M N C E G 1 ACCT 5012 CASE STUDY F21 Group members 2 Fine Office Company Martin Rubri 4 Tab Fint Office Company makes effio fumiture for offices They are in the process of preparing Salus 6 a Master Sucget including the Cperating budget, Cash Statement, Income Statement Prod co 7 and Balance Sheet for 2021 The weantudget is brke into cuarters Tra year end is Di Materas 3 315 December 221 Your group has beengesledo compile masie budec for the Dir La 9 fica year 2021 Manufacturing 04 10 Package Is to Indude the following bogats Cost of Ending Finished in 111 Sales budget for each quars and for these COGS 12 Z Prod c or budget forcida quarter and for tee your Selling Admin 12 3 Purchasing Burget for each quarter and for the year is 14 4 Direct labour budget for each quarr and for the ex (10 5 15 5 Wanufacturing oxhead budget for each quarter and for the year Cash 16 6 Selling and dinistration budget Cash Worksheets 11 7 Worksheets for Collections and Disbursements 3's 13 8 Budgeted here statement Total 19 9 1 me Statemert 2017 Budgele Cash Statement 21 11 Budgete Ealance Sheet 22 sec Bienal details 2 Fine Of Company procures tau products P100 and 230 24 Sales price per PICC is $1,360 25 Sales price per PCC is $1 440 25 There are 300 unts from P O) in Finished Foods nventorvether of 2020 with a value of 5 9 of 2 ad yr At the entries star Ene Favrending winterte has alta Manualuing Dwered udget Cost of Encing lished werto Cost ofcous Sold Seling Press Don't use marking cells Mau Points Group Points 0 10 3 13 0 51 0 18 D 12 0 14 01 17 0 18 0 16 0 0 22 0 14 0 24 0 20 0 390,000 500 unitsrom P200 astheerd 1 If the final arter's cabin inte E 2 C L F H L M 27 of 2020 cal 3x, pol St the end of cashuar , Fine orifice Company rers er ng im entery abc aqualto 10 of the following cuarta's gated sales in its 25 The required inding inventory for De 11 2021 are 600 units fer 100 and 1 400 units for 200 29 EP 00 units 135 l Skeeldur en hulle S The wst olleetu 2021 s nalel oles sented DEWI 30 tich P200 unit ses 1 ft of steel during to manufacturers 31 Fine Office Company currently has 20,000 sq of steel in the spinning inventory At 32 beend alsach artar, Fire Dife Company was to w 135, 1900 sq ft oleding 32 nentory 34 Ead procura 1038 machine leurs and 52 cilator produce 35 Dre labeur est $ 38 raahaur hour OR A 50kne company allocates marufacturing overhac rasts bosco tre stmated machine 57 rostlur 37 hours Estimated menu adring wheed cast for 2021 $ 1 71 1,660 are reallarable, 58 Forcach cuartar, tincstimates that 40 osaks eil be ces and will 50 39 will be credit sales O't e credit sales 50 pay in the quart of the sale and 20par n the 40 Tullowiw Cheilum 01 2020 were 5 ,200000 41 Dreabour costs are manufacturing chicad costs are paid for in cash in the quarter the and 4 OUTS 43 Assine oder gesperater is throughout the year and are widest 2 For each cuarter 20 of material surchaxsara paid for in in the quarter 5 chase and 30 are paid in the clovir war m Purth of materials from 25 nanan ware S15 21 Fine Office Company 20 Solectional dels continued 51 Fine Olie Corpany will pry $0 cco i dividende i 52 Currently, the eza balance in the bars $15 06 Fine Office Company and amalan 53 minimum sal baande of S 000 in the bank for such cuarter unda ul Manultturing Oce here Budget Coctef Ending riceclerc Coro Sox Sold Soling of 19 15667 C D E 1 T 1 52 Current the cash balance in the bank $15, 20nc Office Company warto maircan 53 minimum cash balance of S10 000 inch bank lor enquar S1 Eudgeted sales volumes are 1100 0 1160 Q 12512 2242 4 56 PACO Q 14035 2 115014 02 4525 24 57 Selling and Administration expenses lur tre buulgele year are lollows, 58 Variable Cost 49 Dryssar henta 12 valen fo Commissions are based on 2 of saks vale 61 62 Fixed Costs $ 6 Accountrg professional services 3600 64 Administrative Sales Salacias 1400CC 65 Neverlising 200CC 65 Computer costs 90cc 67 Dearesation FUOCO 18 CHior Supplies 50CC 93 621 Printing 3DCC 10 Insurance 4000 71 Property tarcs 2060 T2 Rent 400CG 13 Ulilities 3960 14 Jiotal bed Costs 3 000 75 15 Fnc Office Compny will purchase a new richine on 1 2021 worth $70000 d will make two cqual paments Their payment will be in 32 and he seco din 04 Assume temachine was ' o purchased attic bocnning of the year 9 Taxation 2018 on taxable name and paidatticed of 94 chat zachycar Naufarhring waargent Presto Fecir Finished more of sold Seling E M N C E F 15 Foie Office Company wildene mine u 1 1 2021 runs 7000 and will alweque u ) 77 payments The fishment will be etisment will be in and the second in the machine was 4 16 18 purchased the beat ng of the pear 9 laxations Lwo taxable incare and parc at the end of each year 03 Balance sheet normation 31st December 2020 basolow 61 PPC $100 000 Accumulated Deprecation $100 000 Commons $anon Reine Farrings $1450 89 For at of modo 34 Add total costs of radutan Baginning Finlased goods Ending Finked goods Inary 65 Interes of 2000 on loans e paid in toalhe endctrecord is a fised coct 05 87 85 82 90 91 92 93 95 13 97 99 99 100 101 100 1021 1 Manuteng Overes Budget Cost chening Fingelwente Cost ct Goods Sold Selling Par 2 G H 1 M N c P E S L Max Points Groap Points Total 2 2 2 21 21 21 12 Don't use marking cells E F 1 Ending Finished Goods Inventory Budget P100 2 Cost Element Quantity Cost Direct Materials 4 Direct Labour 3 Manufacturing Overhead 6 Product Cost Per Unit 2X Ending Inventory In Units 8 Ending Finished Goods Inventory 9 10 Ending Finished Goods Imentory Budget 7200 11 Cost Element Quantity Cost 12 Direct Materials 1 Direct Labour 14 Manufacturing Overhead 15 Product Cost Per Unit 15 X Ending Inventory In Units 17 Ending Finished Goods Inventory 18 19 20 21 Total 22 24 25 27 Wawatung Ovesd Budget Cost of Ending Finished inwento cost of Good Soling FS FI D E F 5 D Nu este Grup Costa Gosd Sald Det material Used 4 Marutacturing Dress Costa 3 Total Cests of Vanstactus 6 Beginning Finished Goods story Lean Ending flothed Gesuntry A Cost of Good Sold 14 Don't use marking cels 22 12 14 15 M 12 1 21 4 Onge Conting diverto Cost of Goods Som Seling u N O 0 r STT laryne calls Don't working cele M Puis R Paris S 7 Cad alates 0 Cross pro 9 Scling and Adminis01ecs waralinga 11 HOPE Menn 13 lain Net Incane Abertation 19 2 1 2 2 2 2 1 2 2 IS 18 1 Alemany A Cast of Goods Sold $ Wish love 2 TEAD Venus Menu THIS IS 21 Finlari Grad 2 WAWA It Founang mer 32 33 45 Selling Somn budzet Income Statement inccrne Sistement income Sistement Cseh DodgeWerksnel 1 LE 5 G N 2 CVF lovce Statillery 3 Dec 1 Denabing al Was Pants Guips 10 11 rete costs 12 4 Mama Vs Ora 9 din dreader100 C in durinerlerired warna 17 Borges Goes Oy Tilbud 19 Trbicorturien a gins Lai 21 de direitos 22 30 13 4 Met how to whernet 21 31 3 Selling Pomn udget Income Statemet CVP Income Statement Chuge Workshet ER M N C E G 1 ACCT 5012 CASE STUDY F21 Group members 2 Fine Office Company Martin Rubri 4 Tab Fint Office Company makes effio fumiture for offices They are in the process of preparing Salus 6 a Master Sucget including the Cperating budget, Cash Statement, Income Statement Prod co 7 and Balance Sheet for 2021 The weantudget is brke into cuarters Tra year end is Di Materas 3 315 December 221 Your group has beengesledo compile masie budec for the Dir La 9 fica year 2021 Manufacturing 04 10 Package Is to Indude the following bogats Cost of Ending Finished in 111 Sales budget for each quars and for these COGS 12 Z Prod c or budget forcida quarter and for tee your Selling Admin 12 3 Purchasing Burget for each quarter and for the year is 14 4 Direct labour budget for each quarr and for the ex (10 5 15 5 Wanufacturing oxhead budget for each quarter and for the year Cash 16 6 Selling and dinistration budget Cash Worksheets 11 7 Worksheets for Collections and Disbursements 3's 13 8 Budgeted here statement Total 19 9 1 me Statemert 2017 Budgele Cash Statement 21 11 Budgete Ealance Sheet 22 sec Bienal details 2 Fine Of Company procures tau products P100 and 230 24 Sales price per PICC is $1,360 25 Sales price per PCC is $1 440 25 There are 300 unts from P O) in Finished Foods nventorvether of 2020 with a value of 5 9 of 2 ad yr At the entries star Ene Favrending winterte has alta Manualuing Dwered udget Cost of Encing lished werto Cost ofcous Sold Seling Press Don't use marking cells Mau Points Group Points 0 10 3 13 0 51 0 18 D 12 0 14 01 17 0 18 0 16 0 0 22 0 14 0 24 0 20 0 390,000 500 unitsrom P200 astheerd 1 If the final arter's cabin inte E 2 C L F H L M 27 of 2020 cal 3x, pol St the end of cashuar , Fine orifice Company rers er ng im entery abc aqualto 10 of the following cuarta's gated sales in its 25 The required inding inventory for De 11 2021 are 600 units fer 100 and 1 400 units for 200 29 EP 00 units 135 l Skeeldur en hulle S The wst olleetu 2021 s nalel oles sented DEWI 30 tich P200 unit ses 1 ft of steel during to manufacturers 31 Fine Office Company currently has 20,000 sq of steel in the spinning inventory At 32 beend alsach artar, Fire Dife Company was to w 135, 1900 sq ft oleding 32 nentory 34 Ead procura 1038 machine leurs and 52 cilator produce 35 Dre labeur est $ 38 raahaur hour OR A 50kne company allocates marufacturing overhac rasts bosco tre stmated machine 57 rostlur 37 hours Estimated menu adring wheed cast for 2021 $ 1 71 1,660 are reallarable, 58 Forcach cuartar, tincstimates that 40 osaks eil be ces and will 50 39 will be credit sales O't e credit sales 50 pay in the quart of the sale and 20par n the 40 Tullowiw Cheilum 01 2020 were 5 ,200000 41 Dreabour costs are manufacturing chicad costs are paid for in cash in the quarter the and 4 OUTS 43 Assine oder gesperater is throughout the year and are widest 2 For each cuarter 20 of material surchaxsara paid for in in the quarter 5 chase and 30 are paid in the clovir war m Purth of materials from 25 nanan ware S15 21 Fine Office Company 20 Solectional dels continued 51 Fine Olie Corpany will pry $0 cco i dividende i 52 Currently, the eza balance in the bars $15 06 Fine Office Company and amalan 53 minimum sal baande of S 000 in the bank for such cuarter unda ul Manultturing Oce here Budget Coctef Ending riceclerc Coro Sox Sold Soling of 19 15667 C D E 1 T 1 52 Current the cash balance in the bank $15, 20nc Office Company warto maircan 53 minimum cash balance of S10 000 inch bank lor enquar S1 Eudgeted sales volumes are 1100 0 1160 Q 12512 2242 4 56 PACO Q 14035 2 115014 02 4525 24 57 Selling and Administration expenses lur tre buulgele year are lollows, 58 Variable Cost 49 Dryssar henta 12 valen fo Commissions are based on 2 of saks vale 61 62 Fixed Costs $ 6 Accountrg professional services 3600 64 Administrative Sales Salacias 1400CC 65 Neverlising 200CC 65 Computer costs 90cc 67 Dearesation FUOCO 18 CHior Supplies 50CC 93 621 Printing 3DCC 10 Insurance 4000 71 Property tarcs 2060 T2 Rent 400CG 13 Ulilities 3960 14 Jiotal bed Costs 3 000 75 15 Fnc Office Compny will purchase a new richine on 1 2021 worth $70000 d will make two cqual paments Their payment will be in 32 and he seco din 04 Assume temachine was ' o purchased attic bocnning of the year 9 Taxation 2018 on taxable name and paidatticed of 94 chat zachycar Naufarhring waargent Presto Fecir Finished more of sold Seling E M N C E F 15 Foie Office Company wildene mine u 1 1 2021 runs 7000 and will alweque u ) 77 payments The fishment will be etisment will be in and the second in the machine was 4 16 18 purchased the beat ng of the pear 9 laxations Lwo taxable incare and parc at the end of each year 03 Balance sheet normation 31st December 2020 basolow 61 PPC $100 000 Accumulated Deprecation $100 000 Commons $anon Reine Farrings $1450 89 For at of modo 34 Add total costs of radutan Baginning Finlased goods Ending Finked goods Inary 65 Interes of 2000 on loans e paid in toalhe endctrecord is a fised coct 05 87 85 82 90 91 92 93 95 13 97 99 99 100 101 100 1021 1 Manuteng Overes Budget Cost chening Fingelwente Cost ct Goods Sold Selling Par 2 G H 1 M N c P E S L Max Points Groap Points Total 2 2 2 21 21 21 12 Don't use marking cells E F 1 Ending Finished Goods Inventory Budget P100 2 Cost Element Quantity Cost Direct Materials 4 Direct Labour 3 Manufacturing Overhead 6 Product Cost Per Unit 2X Ending Inventory In Units 8 Ending Finished Goods Inventory 9 10 Ending Finished Goods Imentory Budget 7200 11 Cost Element Quantity Cost 12 Direct Materials 1 Direct Labour 14 Manufacturing Overhead 15 Product Cost Per Unit 15 X Ending Inventory In Units 17 Ending Finished Goods Inventory 18 19 20 21 Total 22 24 25 27 Wawatung Ovesd Budget Cost of Ending Finished inwento cost of Good Soling FS FI D E F 5 D Nu este Grup Costa Gosd Sald Det material Used 4 Marutacturing Dress Costa 3 Total Cests of Vanstactus 6 Beginning Finished Goods story Lean Ending flothed Gesuntry A Cost of Good Sold 14 Don't use marking cels 22 12 14 15 M 12 1 21 4 Onge Conting diverto Cost of Goods Som Seling u N O 0 r STT laryne calls Don't working cele M Puis R Paris S 7 Cad alates 0 Cross pro 9 Scling and Adminis01ecs waralinga 11 HOPE Menn 13 lain Net Incane Abertation 19 2 1 2 2 2 2 1 2 2 IS 18 1 Alemany A Cast of Goods Sold $ Wish love 2 TEAD Venus Menu THIS IS 21 Finlari Grad 2 WAWA It Founang mer 32 33 45 Selling Somn budzet Income Statement inccrne Sistement income Sistement Cseh DodgeWerksnel 1 LE 5 G N 2 CVF lovce Statillery 3 Dec 1 Denabing al Was Pants Guips 10 11 rete costs 12 4 Mama Vs Ora 9 din dreader100 C in durinerlerired warna 17 Borges Goes Oy Tilbud 19 Trbicorturien a gins Lai 21 de direitos 22 30 13 4 Met how to whernet 21 31 3 Selling Pomn udget Income Statemet CVP Income Statement Chuge Workshet ER

Question

M N C E G   1 ACCT 5012   CASE STUDY   F21 Group members 2 Fine Office Company Martin Rubri  4 Tab Fint Office Company makes effio fumiture for offices They are in the process of preparing Salus 6 a Master Sucget including the Cperating budget, Cash Statement, Income Statement Prod co 7 and Balance Sheet for 2021  The weantudget is brke into cuarters  Tra year end is Di Materas 3 315  December 221 Your group has beengesledo compile   masie  budec  for the Dir  La 9 fica year 2021 Manufacturing 04 10 Package Is to Indude the following bogats  Cost of Ending Finished in 111  Sales budget for each quars and for these COGS 12 Z  Prod c or budget forcida quarter and for tee your Selling   Admin 12 3  Purchasing Burget for each quarter and for the year is 14 4  Direct labour budget for each quarr and for the ex (10 5 15 5  Wanufacturing oxhead budget for each quarter and for the year Cash 16 6  Selling and dinistration budget Cash Worksheets 11 7  Worksheets for Collections and Disbursements 3's 13 8  Budgeted here statement Total 19 9 1 me Statemert 2017 Budgele Cash Statement 21 11 Budgete  Ealance Sheet 22 sec Bienal details 2  Fine Of Company procures tau products P100 and 230 24  Sales price per PICC is $1,360 25 Sales price per PCC is $1 440 25  There are 300 unts from P O) in Finished Foods nventorvether of 2020 with a value of 5 9 of 2 ad yr At the entries star Ene Favrending winterte has alta     Manualuing Dwered udget Cost of Encing lished werto Cost ofcous Sold Seling    Press Don't use marking cells Mau Points Group Points 0 10 3 13 0 51 0 18 D 12 0 14 01 17 0 18 0 16 0 0 22 0 14 0 24 0 20 0 390,000 500 unitsrom P200 astheerd 1 If the final arter's cabin inte E   2 C L F H L M 27 of 2020 cal  3x, pol  St the end of cashuar , Fine orifice Company rers er ng im entery abc aqualto 10  of the following cuarta's gated sales in its 25 The required inding inventory for De  11 2021 are 600 units fer 100 and 1 400 units for 200 29  EP 00 units 135 l  Skeeldur en hulle S  The wst olleetu 2021 s nalel oles sented   DEWI  30 tich P200 unit ses 1  ft  of steel during to manufacturers 31 Fine Office Company currently has 20,000 sq      of steel in the spinning inventory  At 32   beend alsach artar, Fire Dife Company was to w 135, 1900 sq  ft  oleding 32 nentory 34  Ead procura 1038 machine leurs and 52 cilator produce 35  Dre labeur est $ 38  raahaur hour OR A 50kne company allocates marufacturing overhac rasts bosco tre stmated machine 57 rostlur 37 hours Estimated menu adring wheed cast for 2021 $ 1 71 1,660 are reallarable, 58  Forcach cuartar, tincstimates that 40 osaks eil be ces and will 50 39   will be credit sales  O't e credit sales 50  pay in the quart of the sale and 20par n the 40 Tullowiw  Cheilum 01 2020 were 5 ,200000 41  Dreabour costs are manufacturing chicad costs are paid for in cash in the quarter the and 4 OUTS 43  Assine oder gesperater is throughout the year and are widest  2  For each cuarter 20  of material surchaxsara paid for in in the quarter 5 chase and 30 are paid in the clovir war m  Purth of materials from 25 nanan ware S15 21 Fine Office Company 20 Solectional dels continued 51  Fine Olie Corpany will pry $0 cco i dividende i 52  Currently, the eza balance in the bars $15 06  Fine Office Company and amalan 53 minimum sal baande of S 000 in the bank for such cuarter unda ul     Manultturing Oce here Budget Coctef Ending riceclerc Coro Sox Sold Soling     of       19 15667   C D E 1 T 1 52  Current the cash balance in the bank   $15, 20nc Office Company warto maircan 53 minimum cash balance of S10 000 inch bank lor enquar    S1 Eudgeted sales volumes are 1100 0 1160 Q 12512   2242 4 56 PACO Q  14035 2 115014 02 4525 24 57  Selling and Administration expenses lur tre buulgele year are lollows, 58 Variable Cost  49 Dryssar henta 12 valen fo Commissions are based on 2  of saks vale 61 62 Fixed Costs $ 6 Accountrg   professional services 3600 64 Administrative Sales Salacias  1400CC 65 Neverlising 200CC 65 Computer costs 90cc 67 Dearesation FUOCO 18 CHior Supplies 50CC 93 621 Printing 3DCC 10 Insurance 4000 71 Property tarcs 2060 T2 Rent 400CG 13 Ulilities 3960 14 Jiotal bed Costs 3 000 75 15  Fnc Office Compny will purchase a new richine on   1 2021 worth $70000  d will make two cqual paments  Their payment will be in 32 and he seco din 04  Assume temachine was ' o purchased attic bocnning of the year 9  Taxation 2018 on taxable name and paidatticed of 94 chat zachycar      Naufarhring waargent Presto Fecir Finished more of sold Seling E M N C E F 15  Foie Office Company wildene mine u 1 1 2021 runs 7000 and will alweque u ) 77 payments  The fishment will be etisment will be in and the second in the machine was 4  16 18 purchased the beat ng of the pear  9  laxations Lwo taxable incare and parc at the end of each year  03  Balance sheet normation    31st December 2020 basolow  61 PPC $100 000 Accumulated Deprecation $100 000   Commons $anon Reine Farrings $1450 89  For at of modo 34 Add total costs of radutan Baginning Finlased goods Ending Finked goods Inary  65  Interes of   2000 on loans e paid in toalhe endctrecord is a fised coct  05 87 85 82 90 91 92 93 95 13 97 99 99 100 101 100 1021 1 Manuteng Overes Budget Cost chening Fingelwente Cost ct Goods Sold Selling     Par 2 G H 1 M N c P E S  L Max Points Groap Points Total 2 2 2 21 21 21 12 Don't use marking cells E F 1 Ending Finished Goods Inventory Budget P100 2 Cost Element Quantity Cost   Direct Materials 4   Direct Labour 3  Manufacturing Overhead 6   Product Cost Per Unit 2X Ending Inventory In Units 8 Ending Finished Goods Inventory 9 10 Ending Finished Goods Imentory Budget 7200 11 Cost Element Quantity Cost 12 Direct Materials 1  Direct Labour 14   Manufacturing Overhead 15 Product Cost Per Unit 15 X Ending Inventory In Units 17 Ending Finished Goods Inventory 18 19 20 21 Total 22 24 25 27 Wawatung Ovesd Budget Cost of Ending Finished inwento cost of Good Soling    FS FI D E F 5 D Nu este Grup Costa Gosd Sald Det material Used 4 Marutacturing Dress Costa 3 Total Cests of Vanstactus 6 Beginning Finished Goods story Lean  Ending flothed Gesuntry A Cost of Good Sold 14 Don't use marking cels 22 12 14 15 M 12 1 21 4 Onge Conting diverto Cost of Goods Som Seling  u N O 0 r STT laryne calls Don't working cele M  Puis R Paris S 7 Cad alates 0 Cross pro 9 Scling and Adminis01ecs waralinga 11 HOPE   Menn 13 lain Net Incane Abertation 19 2 1 2 2 2 2 1 2 2 IS 18 1 Alemany A Cast of Goods Sold $ Wish love  2 TEAD Venus Menu THIS IS 21 Finlari Grad 2 WAWA It Founang mer 32 33 45     Selling Somn budzet Income Statement inccrne Sistement income Sistement Cseh DodgeWerksnel 1 LE   5 G   N 2 CVF lovce Statillery 3 Dec 1 Denabing al Was Pants Guips   10 11 rete costs 12   4 Mama Vs Ora    9 din dreader100 C in durinerlerired warna 17 Borges Goes Oy Tilbud 19 Trbicorturien a gins Lai  21 de direitos 22 30 13 4 Met how to whernet   21 31 3   Selling   Pomn udget Income Statemet CVP Income Statement Chuge Workshet     ER   M N C E G   1 ACCT 5012   CASE STUDY   F21 Group members 2 Fine Office Company Martin Rubri  4 Tab Fint Office Company makes effio fumiture for offices They are in the process of preparing Salus 6 a Master Sucget including the Cperating budget, Cash Statement, Income Statement Prod co 7 and Balance Sheet for 2021  The weantudget is brke into cuarters  Tra year end is Di Materas 3 315  December 221 Your group has beengesledo compile   masie  budec  for the Dir  La 9 fica year 2021 Manufacturing 04 10 Package Is to Indude the following bogats  Cost of Ending Finished in 111  Sales budget for each quars and for these COGS 12 Z  Prod c or budget forcida quarter and for tee your Selling   Admin 12 3  Purchasing Burget for each quarter and for the year is 14 4  Direct labour budget for each quarr and for the ex (10 5 15 5  Wanufacturing oxhead budget for each quarter and for the year Cash 16 6  Selling and dinistration budget Cash Worksheets 11 7  Worksheets for Collections and Disbursements 3's 13 8  Budgeted here statement Total 19 9 1 me Statemert 2017 Budgele Cash Statement 21 11 Budgete  Ealance Sheet 22 sec Bienal details 2  Fine Of Company procures tau products P100 and 230 24  Sales price per PICC is $1,360 25 Sales price per PCC is $1 440 25  There are 300 unts from P O) in Finished Foods nventorvether of 2020 with a value of 5 9 of 2 ad yr At the entries star Ene Favrending winterte has alta     Manualuing Dwered udget Cost of Encing lished werto Cost ofcous Sold Seling    Press Don't use marking cells Mau Points Group Points 0 10 3 13 0 51 0 18 D 12 0 14 01 17 0 18 0 16 0 0 22 0 14 0 24 0 20 0 390,000 500 unitsrom P200 astheerd 1 If the final arter's cabin inte E   2 C L F H L M 27 of 2020 cal  3x, pol  St the end of cashuar , Fine orifice Company rers er ng im entery abc aqualto 10  of the following cuarta's gated sales in its 25 The required inding inventory for De  11 2021 are 600 units fer 100 and 1 400 units for 200 29  EP 00 units 135 l  Skeeldur en hulle S  The wst olleetu 2021 s nalel oles sented   DEWI  30 tich P200 unit ses 1  ft  of steel during to manufacturers 31 Fine Office Company currently has 20,000 sq      of steel in the spinning inventory  At 32   beend alsach artar, Fire Dife Company was to w 135, 1900 sq  ft  oleding 32 nentory 34  Ead procura 1038 machine leurs and 52 cilator produce 35  Dre labeur est $ 38  raahaur hour OR A 50kne company allocates marufacturing overhac rasts bosco tre stmated machine 57 rostlur 37 hours Estimated menu adring wheed cast for 2021 $ 1 71 1,660 are reallarable, 58  Forcach cuartar, tincstimates that 40 osaks eil be ces and will 50 39   will be credit sales  O't e credit sales 50  pay in the quart of the sale and 20par n the 40 Tullowiw  Cheilum 01 2020 were 5 ,200000 41  Dreabour costs are manufacturing chicad costs are paid for in cash in the quarter the and 4 OUTS 43  Assine oder gesperater is throughout the year and are widest  2  For each cuarter 20  of material surchaxsara paid for in in the quarter 5 chase and 30 are paid in the clovir war m  Purth of materials from 25 nanan ware S15 21 Fine Office Company 20 Solectional dels continued 51  Fine Olie Corpany will pry $0 cco i dividende i 52  Currently, the eza balance in the bars $15 06  Fine Office Company and amalan 53 minimum sal baande of S 000 in the bank for such cuarter unda ul     Manultturing Oce here Budget Coctef Ending riceclerc Coro Sox Sold Soling     of       19 15667   C D E 1 T 1 52  Current the cash balance in the bank   $15, 20nc Office Company warto maircan 53 minimum cash balance of S10 000 inch bank lor enquar    S1 Eudgeted sales volumes are 1100 0 1160 Q 12512   2242 4 56 PACO Q  14035 2 115014 02 4525 24 57  Selling and Administration expenses lur tre buulgele year are lollows, 58 Variable Cost  49 Dryssar henta 12 valen fo Commissions are based on 2  of saks vale 61 62 Fixed Costs $ 6 Accountrg   professional services 3600 64 Administrative Sales Salacias  1400CC 65 Neverlising 200CC 65 Computer costs 90cc 67 Dearesation FUOCO 18 CHior Supplies 50CC 93 621 Printing 3DCC 10 Insurance 4000 71 Property tarcs 2060 T2 Rent 400CG 13 Ulilities 3960 14 Jiotal bed Costs 3 000 75 15  Fnc Office Compny will purchase a new richine on   1 2021 worth $70000  d will make two cqual paments  Their payment will be in 32 and he seco din 04  Assume temachine was ' o purchased attic bocnning of the year 9  Taxation 2018 on taxable name and paidatticed of 94 chat zachycar      Naufarhring waargent Presto Fecir Finished more of sold Seling E M N C E F 15  Foie Office Company wildene mine u 1 1 2021 runs 7000 and will alweque u ) 77 payments  The fishment will be etisment will be in and the second in the machine was 4  16 18 purchased the beat ng of the pear  9  laxations Lwo taxable incare and parc at the end of each year  03  Balance sheet normation    31st December 2020 basolow  61 PPC $100 000 Accumulated Deprecation $100 000   Commons $anon Reine Farrings $1450 89  For at of modo 34 Add total costs of radutan Baginning Finlased goods Ending Finked goods Inary  65  Interes of   2000 on loans e paid in toalhe endctrecord is a fised coct  05 87 85 82 90 91 92 93 95 13 97 99 99 100 101 100 1021 1 Manuteng Overes Budget Cost chening Fingelwente Cost ct Goods Sold Selling     Par 2 G H 1 M N c P E S  L Max Points Groap Points Total 2 2 2 21 21 21 12 Don't use marking cells E F 1 Ending Finished Goods Inventory Budget P100 2 Cost Element Quantity Cost   Direct Materials 4   Direct Labour 3  Manufacturing Overhead 6   Product Cost Per Unit 2X Ending Inventory In Units 8 Ending Finished Goods Inventory 9 10 Ending Finished Goods Imentory Budget 7200 11 Cost Element Quantity Cost 12 Direct Materials 1  Direct Labour 14   Manufacturing Overhead 15 Product Cost Per Unit 15 X Ending Inventory In Units 17 Ending Finished Goods Inventory 18 19 20 21 Total 22 24 25 27 Wawatung Ovesd Budget Cost of Ending Finished inwento cost of Good Soling    FS FI D E F 5 D Nu este Grup Costa Gosd Sald Det material Used 4 Marutacturing Dress Costa 3 Total Cests of Vanstactus 6 Beginning Finished Goods story Lean  Ending flothed Gesuntry A Cost of Good Sold 14 Don't use marking cels 22 12 14 15 M 12 1 21 4 Onge Conting diverto Cost of Goods Som Seling  u N O 0 r STT laryne calls Don't working cele M  Puis R Paris S 7 Cad alates 0 Cross pro 9 Scling and Adminis01ecs waralinga 11 HOPE   Menn 13 lain Net Incane Abertation 19 2 1 2 2 2 2 1 2 2 IS 18 1 Alemany A Cast of Goods Sold $ Wish love  2 TEAD Venus Menu THIS IS 21 Finlari Grad 2 WAWA It Founang mer 32 33 45     Selling Somn budzet Income Statement inccrne Sistement income Sistement Cseh DodgeWerksnel 1 LE   5 G   N 2 CVF lovce Statillery 3 Dec 1 Denabing al Was Pants Guips   10 11 rete costs 12   4 Mama Vs Ora    9 din dreader100 C in durinerlerired warna 17 Borges Goes Oy Tilbud 19 Trbicorturien a gins Lai  21 de direitos 22 30 13 4 Met how to whernet   21 31 3   Selling   Pomn udget Income Statemet CVP Income Statement Chuge Workshet     ER

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. M N C E G ! 1 ACCT-5012 - CASE STUDY - F21 Group members 2 Fine Office Company Martin Rubri: 4 Tab Fint

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