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PLEASE DO STEP BY STEP WITH CLARIFICATION DON'T DO WITH SHORTCUTS.THANK YOU 40,000; 36,000; 16,000; 24,000; 48,000; 48,000) The forecasted production of a company for

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PLEASE DO STEP BY STEP WITH CLARIFICATION DON'T DO WITH SHORTCUTS.THANK YOU

40,000; 36,000; 16,000; 24,000; 48,000; 48,000) The forecasted production of a company for next four months are as follows: Baisakh Jestha Ashad Shrawan 2,000 3,000 2,500 2,800 Each unit will need 4 units of raw material A @ Rs.5 per unit and 5 units of raw material B @ Rs. 3 per Production units unit. The ending balance of raw material will be equal to 80% of next month's consumption. The beginning balance of raw material were; A : 9,000 units, B: 10,000 units. Required : a. Material consumption budget b. Purchase budget for the first 3 months. (Ans: (a) Material consumption A = 8,000, 12,000, 10,000, 11,200 units; B = 10,000, 15,000, 12,500, 14,000 units (b) Material A = Rs. 43,000, 52,000,54,800; Material B = Rs. 36,000, 39,000, 41,100

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