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Nour company would like to prepare its budget for months of January/2020 and February/2020 based on following info Estimated sales in unit will increase 10%
Nour company would like to prepare its budget for months of January/2020 and February/2020 based on following info Estimated sales in unit will increase 10% monthly while the sales in December 2019 was 20,000 units Selling Price per unit is estimated by $100 Desired Ending FG is 10% of following month sales Required DM is 2 gram to produced each unit of FG at a cost of $5 per gram Desired ending DM is 20% of following month needs DL is estimated 3 labor hour for each unit of FG at a cost of $10 per direct labor hour V.OH is estimated by $4 per Direct labor hour prepare the following budget Estimated Sales in units for January Estimated Sales in units for February Estimated Sales Revenue for January Estimated Sales Revenue for February production budget for January production budget for February Estimated DM required (needs) for Jar Estimated DM required (needs) for Fet Estimated cost of DM required for Jan Estimated cost of DM required for Febr Est. DM should be purchased for Janua Est. Cost DM should be purchased for ] Est. DL cost for January Est. DL cost for February
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