QUESTION 6 (m)

SALES BUDGET

UNITS?

SELLING PRICE PER UNIT ?

SALES VALUE ?

PRODUCTION BUDGET

REQUIRED FOR SALES?

CLOSING INVENTORY?

TOTOL NEEDED?

LESS OPENING INVENTORY?

PRODUCTION ?

RAW MATERIALS PURCHASE BUDGET

NEEDED FOR PRODUCTION Q/Z ?

CLOSING INVENTORY Q/Z ?

TOTAL NEEDED Q/Z ?

LESS OPENING INVENTORY Q/Z ?

MATERIAL PURCHASES Q/Z ?

PRICE PER UNIT Q/Z ?

VALUE OF PURCHASE Q/Z ?

LABOUR BUDGET

PRODUCTION ?

TIME PER UNIT ?

TOTAL HOURS?

RATE PER HOUR ?

DIRECT LABOUR ?

Justice League Manufacturers has planned to sell 12000 units during the last quarter of 2022. The entity has extracted and provided the following information. Additional information: - All inventory is issued according to the FIFO method. - The cost of raw material Q is R34 per kg and the cost of raw material Z is R12 per kg. - 18 kilograms of raw material Q and 7 kilograms of raw material Z are required to produce one unit of the finished product. - Finished products are sold at R1180 per unit. - 14 hours are needed to manufacture one complete unit. Production staff earn wages at R240 per hour. REQUIRED Based on the above budget requirements, prepare the following operational budgets for Justice League Manufacturers for the quarter ending December 2022. Do not use a monetary symbol in your answer and write your answer without decimals for example, R 7500000 is written as 7500000 Sales Budget (2) Units