Question
The following data relate to the three products produced and sold by Rico Automotive Systems Ltd: Production Units: Product A 20,600 units Product B 31,200
The following data relate to the three products produced and sold by Rico Automotive Systems Ltd:
Production Units:
Product A 20,600 units
Product B 31,200 units
Product C 41,800 units
The following quantity of raw materials for each unit of finished product is required:
Product A Raw material RM1: 3 kg, Raw material RM2: 2 kg
Product B Raw material RM1: 4 kg, Raw material RM2: 2 kg
Product C Raw material RM1: 5 kg, Raw material RM2: 3 kg
Price per kg of RM1 = Rs. 5/kg and RM2 = Rs.4/kg
Based on the above information, prepare the direct material usage budget.
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Financial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
5th Edition
9781118560952, 1118560957, 978-0470239803
