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The accountant of Michael small-scale industries has given you the budgeted information for the half year ending 31.12.2020 and shown in the table below (Ksh.

  1. The accountant of Michael small-scale industries has given you the budgeted information for the half year ending 31.12.2020 and shown in the table below (Ksh. 000s):-

Michael Small- scale Industries

Month

Sales

Expenses

Profit/(Loss)

January

8,750.00

3,750.00

February

17,500.00

15,000.00

March

25,000.00

5,000.00

April

22,500.00

21,250.00

May

16,250.00

(1,250.00)

June

22,500.00

(5,000.00)

Totals

115,000.00

108,750.00

Average

18,125.00

Using relevant formulae compute and insert the missing figures in the colored cells in the table above.

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