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Task 2: Prepare the following budget for both products for two months: a. Sales Budget (per each product). b. Production Budget (per each product). c.

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Task 2: Prepare the following budget for both products for two months: a. Sales Budget (per each product). b. Production Budget (per each product). c. Direct Material Budget (per each product). d. Direct labor Budget (per each product). e. Manufacturing overhead. f. Selling and administration. 1. Prepare the budgeted income statement for two months. 2. Compute the sales mix of these product and calculate the breakeven number in units and dollar. 3. Calculate the margin of safety ratio. 4. If the business wants to earn net income of SR 100,000 how many units of these products need to be sold. (show your calculation) Task 2: Prepare the following budget for both products for two months: a. Sales Budget (per each product). b. Production Budget (per each product). c. Direct Material Budget (per each product). d. Direct labor Budget (per each product). e. Manufacturing overhead. f. Selling and administration. 1. Prepare the budgeted income statement for two months. 2. Compute the sales mix of these product and calculate the breakeven number in units and dollar. 3. Calculate the margin of safety ratio. 4. If the business wants to earn net income of SR 100,000 how many units of these products need to be sold. (show your calculation)

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