Q$3.$

a$)$ With the following information, prepare the Budgeted Profit for the year for Company XYZ$.(5$ marks$)$

$4$ products $($P$.$Q$.$ R & S$)$ are produced by XYZ Ltd$.$ The labour costs are at Rs$.10$ per hour of work. Raw Material used for all products is similar at Rs$.25$ per kg$.$ Factory Rent is Rs$.1,00,000$ and other Overheads are at Rs$.20,000/-.$ Prepare a Budgeted Profit and Loss Statement for XYZ Ltd$.$

Other information is as under:

UoM

p

Q

R

S

No$.$ of Units Nos. $50458090$

produced Rs$.$ Per Unit $700700900950$

Labour Hours Hrs$.$ per unit $101284$

Raw Material Kgs$.$ per unit $651012$