KASAPREKO ALOMO BITTERS sells Alcoholic drinks Sales for the year ended 2020 are; ALOMO - 10000...

 

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KASAPREKO ALOMO BITTERS sells Alcoholic drinks Sales for the year ended 2020 are; ALOMO - 10000 units @GH 150.00 DRY GIN 15000 units @ GH 200.00 The Company expects to sell the following units in 2021 60000 units @ GHe 50.00 50000 units @GH460.00 ALOMO DRY GIN Budgeted Opening Stock: ALOMO DRY GIN 20,000 units 10,000 units ALOMO DRY GIN Raw Material used Kilos per unit Price per kilo 40000 units 30000 units X 16 GH 50 Y 24 GH450 Direct Labour is semi-skilled. It is expected that 10 hours will be used on each unit at a wage rate of GH450 per hour. Forecasted General and Administration expenses will be; GH¢ 100,000 40,000 132,000 209,500 Selling expenses Distribution Expenses Administrative expenses Financial Expenses You are required to prepare: a) Sales Budget for 2021- both Units and Value (5 Marks) b) Production Budget for 2021-Units only c) Direct Material Usage and Value Budget (5 Marks) (5 Marks) d) Direct Labour Utilization and Wages Budget (5 Marks) e) General and Administrative Expense Budget (5 Marks) KASAPREKO ALOMO BITTERS sells Alcoholic drinks Sales for the year ended 2020 are; ALOMO - 10000 units @GH 150.00 DRY GIN 15000 units @ GH 200.00 The Company expects to sell the following units in 2021 60000 units @ GHe 50.00 50000 units @GH460.00 ALOMO DRY GIN Budgeted Opening Stock: ALOMO DRY GIN 20,000 units 10,000 units ALOMO DRY GIN Raw Material used Kilos per unit Price per kilo 40000 units 30000 units X 16 GH 50 Y 24 GH450 Direct Labour is semi-skilled. It is expected that 10 hours will be used on each unit at a wage rate of GH450 per hour. Forecasted General and Administration expenses will be; GH¢ 100,000 40,000 132,000 209,500 Selling expenses Distribution Expenses Administrative expenses Financial Expenses You are required to prepare: a) Sales Budget for 2021- both Units and Value (5 Marks) b) Production Budget for 2021-Units only c) Direct Material Usage and Value Budget (5 Marks) (5 Marks) d) Direct Labour Utilization and Wages Budget (5 Marks) e) General and Administrative Expense Budget (5 Marks)

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a Sales Budget for 2021 both Units and Value ALOMO DRY GIN Units 60000 units GH5000 GH3000000 50000 ... View the full answer