01_Task_Performance_1(10) (1) - Microsoft Word (Product Activation Failed) X File Home Insert Page Layout References Mailings Review View a ? & Cut Find Arial 11 " A A Aa AaBbCCD AaBbCcD AaBbCc[ AaBbCc[ AaBbCc[ AaBbCc[ AaBbCc AA En Copy Bac Replace Paste Format Painter BI U - abe x x' A y . A. 1 Body Text 1 Heading 1 1 List Para... 1 No Spaci... 1 Normal 1 Table Pa... Heading 2 Change Styles * Select Clipboard Font Paragraph Styles Editing CASE 1: RAW MATERIALS BUDGET XYZ Company asks you to prepare a budget for product P with the following information: The beginning inventory of raw materials in January is 1,000 kg. The price of raw materials per kg is P3.50. . . Two (2) kg of raw materials are required in the production of each unit. The opening inventory of product X in January is expected to be 1,300 units. The company implements the following inventory policies: At the end of each month, the following amounts are held: o Raw materials: 20% of the requirement for the following month's production; o Finished goods: 30% of the following month's sales The projected monthly sales of product X were already submitted to you by the sales department. Required: Prepare the budget for raw materials purchase (units) and (Php) for January and February. (18 points: 18 items x 1 point) January February March April Sales (units) 4,000 5,000 6,000 7,000 Ending inventory (units) Beginning inventory (units) 1.300 Production units Material usage per unit (kg) 2 2 2 2 Total Usage (kq) Ending inventory (kg) Beginning inventory (kq) 1,000 Total Purchases (kq) Price per kg 3.5 3.5 Total Purchases (PHP) Page: 1 of 3 Words: 555 13 6 3 100% + 1:41 AM Type here to search O 24'C Cloudy ~ $ 4x 9/28/2021 E