Question
Use the information provided below to calculate the: 2.3.1 Number of units that should be produced for the year 2018 (production schedule/budget). (2 marks) 2.3.2
Use the information provided below to calculate the: 2.3.1 Number of units that should be produced for the year 2018 (production schedule/budget). (2 marks) 2.3.2 Expected cost of sales (in Rands) for 2018. (3 marks) INFORMATION The following reflect the forecast of Mondelez Manufacturers for the year 2018 for the only product that it manufactures: Sales forecast Expected opening inventory Desired closing inventory Units 6 000 1 000 1 200 Price per unit R200 R120 ? The FIFO method is used to value inventories. The production cost per unit for 2018 is expected to be R130.
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