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PLEASE answer the whole Required clearly and explained so I can read & understand well on 4 Marks Part A (8 marks) The budget components

PLEASE answer the whole Required clearly and explained so I can read & understand well image text in transcribed
on 4 Marks Part A (8 marks) The budget components for Pahang Company Bhd for the quarter ended June 30 appear below. Pahang sells trash cans for RM12 each. Budgeted sales and production for the next three months are: April May une 20,000 units 50,000 units 30,000 units 26,000 units 46,000 units 29,000 units Pahang desires to have trash cans on hand at the end of each month equal to 20 percent of the following month's budgeted sales in units. On March 31, Pahang Company Bhd had 4,000 completed units on hand. Five pounds of plastic are required for each trash can. At the end of each month, Pahang desires to have 10 percent of the following month's production material needs on hand. At March 31, Pahang had 13,000 pounds of plastic on hand. The materials used in production cost RM0.60 per pound. Each trash can produced requires 0.10 hours of direct labour Required Determine how much the materials purchases budget will be for the month ending April 30. (8 marks) Part B (8 marks) Minor Landscaping Company Bhd KL is preparing its budget for the first quarter of 2013. The next step in the budgeting process is to prepare a cash receipts schedule and a cash payments schedule. To that end the following information has been collected. Clients usually pay 60% of their fee in the month that service is provided, 30% the month after, and 10% the second month after receiving service. Actual service revenue for 2012 and expected service revenues for 2013 are: November 2012, RM120,000; December 2012, RM110,000; January 2013, RM140,000; February 2013, RM160,000; March 2013, RM170,000. Purchases on landscaping supplies (direct materials) are paid 40% in the month of purchase and 60% the following month. Actual purchases for 2012 and expected purchases for 2013 are: December 2012, RM21,000; January 2013, RM20,000; February 2013, RM22,000; March 2013, RM27,000. Required Prepare the following schedules for each month in the first quarter of 2013 and for the quarter in total (1) Expected collections from clients. (4.5 marks) (2) Expected payments for landscaping supplies.(3.5 marks)

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