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LoxR Sda Bhd produced and sells three types of products namely BAX, DAX and FAX. The company is in the midst of preparing a budget for the January 2022. Opening stock Budgeted sales Selling Price (RM) BAX 63 290 120 DAX 35 120 208 FAX 230 51 All three products are made using Material A. Material B, Labour Grade C and Lakout Grade D. The quantities are as follows: Material A Material B Lahour C7 Labour D7 hour hour BAX 2 DAX FAX Cost (RM) Rm12 per meter RM7 per square feet RM4 per hour RM6 per hour Opening 142 meters 85 square feet stock Inventory policy: Closing inventory of finished goods - 30 per cent of the current sales demand. Closing inventory of materials - 45 per cent of the current materials usage. Required: Prepare the following budgets for each quarter for Loxe Sdo Bbd: a Sales budget. Production budget in units. Raw material purchases budget in kgs and value for Material A. TRaw material purchases budget in kgs and value for Material B. Direct labour budget for Labour Grade C in hours and RM. Direct labour budget for Lakour Grade D in hours and RM. b. C. e.

LoxR Sda Bhd produced and sells three types of products namely BAX, DAX and FAX. The company is in the midst of preparing a budget for the January 2022. Opening stock Budgeted sales Selling Price (RM) BAX 63 290 120 DAX 35 120 208 FAX 230 51 All three products are made using Material A. Material B, Labour Grade C and Lakout Grade D. The quantities are as follows: Material A Material B Lahour C7 Labour D7 hour hour BAX 2 DAX FAX Cost (RM) Rm12 per meter RM7 per square feet RM4 per hour RM6 per hour Opening 142 meters 85 square feet stock Inventory policy: Closing inventory of finished goods - 30 per cent of the current sales demand. Closing inventory of materials - 45 per cent of the current materials usage. Required: Prepare the following budgets for each quarter for Loxe Sdo Bbd: a Sales budget. Production budget in units. Raw material purchases budget in kgs and value for Material A. TRaw material purchases budget in kgs and value for Material B. Direct labour budget for Labour Grade C in hours and RM. Direct labour budget for Lakour Grade D in hours and RM. b. C. e.

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter9: Profit Planning And Flexible Budgets
Section: Chapter Questions
Problem 50E: Use the following information for Exercises 9-50 and 9-51: Assume that Stillwater Designs produces...
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LoxR Sda Bhd produced and sells three types of products namely BAX, DAX and FAX. The company is in the midst of preparing a budget for the January 2022. Opening stock Budgeted sales Selling Price (RM) BAX 63 290 120 DAX 35 120 208 FAX 230 51 All three products are made using Material A. Material B, Labour Grade C and Lakout Grade D. The quantities are as follows: Material A Material B Labour C7 Labour D7 hour hour BAX 4 2 DAX FAX Cost (RM) Rm12 per meter RM7 per square feet RM4 per hour RM6 per hour Opening 142 meters 85 square feet stock Inventory policy: Closing inventory of finished goods - 30 per cent of the current sales demand. Closing inventory of materials - 45 per cent of the current materials usage. Required: Prepare the following budgets for each quarter for Loxe. Salo Shd: a Sales budget. Production budget in units. Raw material purchases budget in kgs and value for Material A. Raw material purchases budget in kgs and value for Material B. Direct labour budget for Labour Grade C in hours and RM. Direct labour budget for Lakour Grade Din hours and RM. b. C. e.
Transcribed Image Text:LoxR Sda Bhd produced and sells three types of products namely BAX, DAX and FAX. The company is in the midst of preparing a budget for the January 2022. Opening stock Budgeted sales Selling Price (RM) BAX 63 290 120 DAX 35 120 208 FAX 230 51 All three products are made using Material A. Material B, Labour Grade C and Lakout Grade D. The quantities are as follows: Material A Material B Labour C7 Labour D7 hour hour BAX 4 2 DAX FAX Cost (RM) Rm12 per meter RM7 per square feet RM4 per hour RM6 per hour Opening 142 meters 85 square feet stock Inventory policy: Closing inventory of finished goods - 30 per cent of the current sales demand. Closing inventory of materials - 45 per cent of the current materials usage. Required: Prepare the following budgets for each quarter for Loxe. Salo Shd: a Sales budget. Production budget in units. Raw material purchases budget in kgs and value for Material A. Raw material purchases budget in kgs and value for Material B. Direct labour budget for Labour Grade C in hours and RM. Direct labour budget for Lakour Grade Din hours and RM. b. C. e.
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