B. Nano Sdn Bhd (NSB) manufactures two (2) products called SAI and RA2. Below are the budgeted sales for the month of January, 2021. RA2 2,400 75 1,800 SAI 3,200 Budgeted sales (unit) Price per unit (RM) Opening inventory (unit) Desired closing inventory (unit) 50 1,200 1,320 1,980 There are two (2) types of material used in the production which are MAT A and MAT B. The following is the information related to material for the month of January, 2021: MAT B 1,950 Opening inventory (unit) Desired closing inventory (unit) Price per kg (RM) Material used per unit: MAT A 2,000 10% of the production requirements for the month 4.00 5.00 5 kg 3 kg 3 kg 2 kg SAI RA2 REQUIRED: Prepare the following budgets for the month of January 2021: (a) Production budget (b) Material required for production in quantities (c) Material purchase budget

B. Nano Sdn Bhd (NSB) manufactures two (2) products called SAI and RA2. Below are the budgeted sales for the month of January, 2021. RA2 2,400 75 1,800 SAI 3,200 Budgeted sales (unit) Price per unit (RM) Opening inventory (unit) Desired closing inventory (unit) 50 1,200 1,320 1,980 There are two (2) types of material used in the production which are MAT A and MAT B. The following is the information related to material for the month of January, 2021: MAT B 1,950 Opening inventory (unit) Desired closing inventory (unit) Price per kg (RM) Material used per unit: MAT A 2,000 10% of the production requirements for the month 4.00 5.00 5 kg 3 kg 3 kg 2 kg SAI RA2 REQUIRED: Prepare the following budgets for the month of January 2021: (a) Production budget (b) Material required for production in quantities (c) Material purchase budget

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter7: The Master Budget And Flexible Budgeting

Section: Chapter Questions

Problem 4E: Prepare a cost of goods sold budget for the Crest Hills Manufacturing Co. for the year ended...

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