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Problem 2 The sales manager of Mahindra & Co. Ltd reports that next year he expects to sell 50,000 units of a certain product. The
Problem 2 The sales manager of Mahindra & Co. Ltd reports that next year he expects to sell 50,000 units of a certain product. The production manager consults the storekeeper and casts his figures as follows: Two kinds of raw materials A and B are required for manufacturing the product. Each unit of the product requires 2 kgs of A and 3 kgs of B. The estimated opening balances at the commencement of the next year are- Finished Product, 10,000 units; A, 12,000 kgs; B 15,000 kgs. The desirable closing balances at the end of the next year are: Finished product, 14,000 units; A, 13,000 kgs; B, 16,000 kgs. Draw up a Materials Purchases Budget for the next year
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