Brodie Ltd has undertaken its budget planning for the coming accounting period. Required Prepare a budgeted statement
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Brodie Ltd has undertaken its budget planning for the coming accounting period.
Required
Prepare a budgeted statement of profit or loss for the coming accounting period.
Transcribed Image Text:
Budget item Sales Cost of inventory Raw materials inventory Raw material cost Selling and administration costs Budget data 60 000 units; selling price $120 Direct materials: 2 kilograms @ $5 per kilogram Direct labour: 3 hours @ $15 per hour Indirect manufacturing costs: $4 per direct labour hour Beginning balance: 10000 kilograms Ending balance: 15000 kilograms $5 per kilogram $200 000
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Accounting Business Reporting For Decision Making
ISBN: 9780730369325
7th Edition
Authors: Jacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver, David Bond
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