Q1. Define in Your words:

a. Cost Centre

b. Profit Centre

c. Investment Centre

Q2. Hamed Company is preparing budgets for the quarter ending June 30, 2019. Budgeted sales in units for the next five months are:

April	May	June	July
20,000	50,000	30,000	25,000

Required:

a. Prepare Sales budget for April, May & June assuming selling price per unit is SR 15.

b. Prepare production budget for April, May & June if the company wishes ending inventory as

10 % of next month sales units.