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Siti runs a small factory in Kuala Pilah producing banana chips. She normally sells 10,000 packets at RM5.00 per packet. She is now planning for

Siti runs a small factory in Kuala Pilah producing banana chips. She normally sells 10,000 packets at RM5.00 per packet. She is now planning for next months sales and the following information is given: Raw material required is 1000 kg of bananas at RM1.30 per kg. The labor rate is RM3.00 per hour and each packet of banana chips takes 0.25 hours to make. Manufacturing overheads are charged at RM0.80 per packet. The following stock levels are maintained: Opening stock Closing stock Raw materials 100 kg 120 kg Banana chips 80 packets 70 packets Required: For the month ending 31 March 2018, prepare the following: Manufacturing Overheads Budget and Cost of Sales Budge

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