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The following are the estimated production data of Philips Company for eight months ending 31st October 2021: April 2021 May 2021 June 2021 12500
The following are the estimated production data of Philips Company for eight months ending 31st October 2021: April 2021 May 2021 June 2021 12500 units 11,000 units 8,500 units July 2021 9,000 units August 2021 11,000 units September 2021 13,000 units October 2021 13,000 units 12,000 units November 2021 As a matter of policy, the company maintains the closing balance of raw material as: Closing stock of a month will be equal to estimated consumption for the next month. Each unit of production consumers 2kg of raw material costing Rs.6 per kg. Prepare a Raw Material purchase budget (month wise in units and cost) for the half year ending 30-09-2021
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