The following are the estimated sales of a company for eight months ending 30.11.2012
Month estimated sales (units)
April 12000
May 13000
June 9000
July 8000
August 10000
September 12000
October 14000
November 12000
As a matter of policy, the company maintain the closing balance of finished goods and raw materials as follows :
Finished Goods - 50% of estimated sales of next month
Raw materials- estimated consumption for next month
Every unit of production requires 2kg of raw materials costing Nu. 5 per kg.
Prepare Production Budget, Raw Materials Budget and Cash Payment Budget (if company has the payment policy of 60% on the month of purchase and remaining in the following month) of the company for the half year ending 30th September 2012.
Answers: 3
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Business, 22.06.2019 13:40, moneytt2403
Computing equivalent units is especially important for: (a) goods that take a relatively short time to produce, such as plastic bottles. (b) goods with sustainability implications in their production processes. (c) goods that are started and completed during the same period. (d) goods that take a long time to produce, such as airplanes.
Answers: 2
Business, 23.06.2019 00:10, pino2771
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Business, 23.06.2019 00:30, evryday2285
Three years ago, the city of recker committed to build a park and music venue by the river. it was expected to cost $2.5 million and be paid for from an additional meals tax in the community. the residents pushed back. local restaurants suffered as people ate out less or patronized restaurants in neighboring communities. the project has stalled, but the town council kept pushing it on. this spring, a flood devastated the venue. the town council appears to have suffered from bias
Answers: 3
The following are the estimated sales of a company for eight months ending 30.11.2012
Month estima...
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