PT Dedaunan, located in Prague, is an exporter company that produces type A and type B ornamental plant shelves. Type A shelves have a minimalist design compared to type B shelves. Both products use a combination of wood and wrought iron materials. So far, PT. Foliage's products are sold to various countries in Europe. The following is cost information for the two products for the month of November:

PT Dedaunan uses the FIFO approach to calculate the flow of raw material costs and inventory of finished products. The following is information related to the sale and inventory of PT Dedaunan's finished products:

PT Dedaunan also uses the ABC approach in calculating product costs. There are three groups of overhead costs: Inspection, Setup and Processing. The rates for each of these activity groups are: €20 per inspection hour, €130 per setup hour, and €5 per machine hour. The following is information related to the number of cost drivers used in each group of overhead activities by type A products and type B products.

 

Other information available at PT Dedaunan, there are fixed costs–nonmanufacturing for October is €32,000, half of which is the cost of workers' salaries. Salary costs are expected to increase by 5% in November. The only variable costnon-manufacturing is a sales commission, which is 1% of sales. As an accounting clerk, you are required to make:

1. Production Budget (Units)

2. Direct Raw Material Purchase Budget

3. Overhead Budget for Three Activities

4. Final Finished Product Inventory Budget

5. Budget Income Statement

Input Price Raw material Wood Wrought iron Power direct work Input Quantity per output unit Direct raw material Wood Wrought iron Direct labor Machine working hours Raw material inventory information Initial inventory Ending inventory target Value of beginning inventory cost 4 per kg 3 per kg 14 per labor hour Type A 3 kg 0.5 kg 3 hours 13 machine o'clock Type A 230 kg 400 kg 874 Type B 5 kg 1 kg 5 hours 20 hours machine Type B 70 kg 65 kg 224