(B) The sales of a company for the eight months ending 30-11-2018 are below: April May June July August September October November sales Month Estimated 16,800 14,700 9,000 14,000 10,000 9,400 14,700 20,000 (Units) As per the company policy, the Company maintains the closing balance of finished goods materials as follows: Stock items: closing balance of a month 50% of the estimated sales for the next Finished goods: month Raw materials estimated consumption of the next month Each unit required 10 kg of raw material, each kg costing OMR 20. Prepare production budget of the company for the half year ending 30th September, 2018

(B) The sales of a company for the eight months ending 30-11-2018 are below: April May June July August September October November sales Month Estimated 16,800 14,700 9,000 14,000 10,000 9,400 14,700 20,000 (Units) As per the company policy, the Company maintains the closing balance of finished goods materials as follows: Stock items: closing balance of a month 50% of the estimated sales for the next Finished goods: month Raw materials estimated consumption of the next month Each unit required 10 kg of raw material, each kg costing OMR 20. Prepare production budget of the company for the half year ending 30th September, 2018

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 14PA: Total Pops data show the following information: New machinery will be added in April. This machine...

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