The Amos Limited manufactures and sells two chocolate products, Cute and Attractive. In July $2023$ Amos Limited$$s Budget Department organized the following data in order to prepare budgets for $2024$:

Projected Sales $2024$:

Product

Number of Units

Price per Unit $($Rs$)$

Cute

$70000$

$270$

Attractive

$45000$

$240$

Position of Stock:

Product

Opening $($Units$)$

Closing $($Units$)$

Cute

$20000$

$25000$

Attractive

$8000$

$9000$

Material Consumption for manufacturing $1$ unit of product:

Amount used per Unit

Direct Material

Unit

Cute

Attractive

A

Kg

$3$

$4$

B

Kg

$2$

$3$

C

Kg

$1$

$2$

Projected data for $2024$ with respect to price and opening and closing stock were as follows s:

Direct material

Purchase

Price

Opening Inventories

January $1,2024$

Closing Inventories December $31,2024$

A

Rs$\mathrm{.}12$

$21,000$ kg

$25,000$ kg

B

Rs$\mathrm{.}8$

$18,000$ kg

$22,000$ kg

C

Rs$\mathrm{.}5$

$6,000$ kg

$8,000$ kg

Projected direct manufacturing labor requirements and rates for $2024$ are as follows:

Product

Hours per Unit

Rate per Hour

Cute

$6$

Rs$\mathrm{.}20$

Attractive

$7$

Rs$.21$

Manufacturing overhead is allocated at the rate of Rs$\mathrm{.}38$ per direct manufacturing labour hour.

Prepare the following budgets:

$1.$ Revenue budget $($in Rs$.)$

$2.$ Production budget $($in units$)$

$3.$ Direct materials purchase budget $($in quantities$)$

Online Post Graduate Program in Management $2023$ A

End Term Examination

Cost Management & Accounting

Max Marks: $35$

No$.$ of Page: $05$

$4.$ Direct materials purchase budget $($in Rs$.)$

$5.$ Direct manufacturing labour budget $($in Rs$.)$

$6.$ Budgeted finished goods inventory at December $31,2024($in Rs$.)$