QUESTION

Dampare Ltd manufactures three products namely A, B and C. The information given below relates to the month of November, 2020.

	Product	Quantity (Units)	Price/Unit
			(GH)
Sales:	A	1200	80
	B	2400	96
	C	1800	112
Materials used in companys Products
Material	MA	MB	MC
(Unit cost)	GH3	GH5	GH8

Quantity used in:	MA (Units)	MB (Units)	MC (Units)
Product A	5	3	1
Product B	4	4	3
Product C	3	2	2

Finished Stock	Product A	Product B	Product C
	(Unit)	(Unit)	(Unit)
Opening stock	1200	1800	600
Closing Stock	1320	1980	660
Material Stock	MA (Units)	MB (Units)	MC (Units)
Opening stock	31,200	24,000	14,400
Closing stock	37,440	28,800	17,280

Required:

Prepare the following functional budget for the month of November 2020 for:

(i) Sales in quantity and value, including total value

ii) Production quantities

iii) Material usage in quantities

iv) Material purchases in quantities and value, including total value.