NTING THEORY (202604) IST SEMESTER (ACCOUNTING THEORY (202604)) Product P Sales price per unit OMR 400 Budgeted sales 2,000 units volume Product OMR 500 3,000 units Required: Determine the sales budget 2b. Nizwa plastics Ltd makes and sells two products Product P and Product Q, its sales budget for next year is to sell 2.000 units of product Pand 3,000 units of Product Q The following opening and closing inventories are budgeted: Finished goods Opening units Closing units P 200 300 Q 150 100 Required Determine the production budget 2. Kindly use the table at the right hand corner of the page to answer the following questions on 1. Sales budget 2. Production budgt. ZOOM AND OBSERVE THE FINANCIAL INFORMATION GIVEN AND PROFFER SOLUTIONS TO THE QUESTIONS RAISED. Non-anonymous