MANAGERIAL ACCOUNTING BUDGET APPLICATION

Budget manager of GENT Corp. is ready to prepare the $2004$ budget based on the forecasts given below.

Products Sale forecasts $($Pcs$)$

A Product $15\mathrm{.}000$

B Product $40\mathrm{.}000$

C Product $25\mathrm{.}000$

Inventory Politics $($Pcs$)$

Products $1\mathrm{.}1\mathrm{.}2004-31\mathrm{.}12\mathrm{.}2004$

A Product $1\mathrm{.}2003\mathrm{.}800$

B Product $6\mathrm{.}4005\mathrm{.}000$

C Product $4\mathrm{.}0008\mathrm{.}000$

Direct Material and Supplies Inventory Politics $1\mathrm{.}1\mathrm{.}2004-31\mathrm{.}12\mathrm{.}2004$

Q Material $($kg$)55\mathrm{.}00040\mathrm{.}000$

R Material $($kg$)6\mathrm{.}7008\mathrm{.}000$

S Material $($birim$)19\mathrm{.}50015\mathrm{.}000$

T Material $($metre$)2\mathrm{.}50010\mathrm{.}000$

Formulas of the Products A Product B Product C Product

Q Material $215$

R Material $5-3$

S Material $-31$

T Material $34-$

Purchase prices of the materials

Q Material $250$ $$/$Kg

R Material $400$ $$/$Kg

S Material $50$ $$/$Pc

T Material $100$ $$/$Mt

Labor cost and time A Product B Product C Product

$1.$ Department $(200$ $$/$DLH$)231$

$2.$ Department $(220$ $$/$DLH$)143$

Manufacturing Overheads Absorption rates

$1.$ Department $300$ $$/$DLH

$2.$ Department $\%200$ direct labor cost

QUESTIONS:

$1.$ Production Quantity Budget

$2.$ Direct Material Quantity Budget

$3.$ Direct Material Purchase Cost Budget $($$ olarak$)$

$4.$ Direcy Labor Cost Budget $($$ olarak$)$

$5.$ Manufacturing Overhead Cost Budget $($$ olarak$)$

$6.$ Cost of Products

$7.$ Cost of end of period inventories.