4. Suny Sdn Bhd produces three products Z1, Z2 and 23. These products are using the...

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4. Suny Sdn Bhd produces three products Z1, Z2 and 23. These products are using the same type of materials: D7, D8 and D9. Budgeted sales volumes of these products for the year 2020 are 2,500 units of Z1, 5,000 units of 22 and 3,500 units of Z3. Selling price per unit for each product is RM100, RM135 and RM140 respectively. The followings are the information on standard and budget for the year 2020. Standard usage of materials for one unit of product D7 i. Product Z1 Product Z2 Product Z3 Cost per kg of material ii. Opening (units) Closing (units) Inventories of finished goods iii. Inventories of materials Opening (kg) Closing (kg) iv. V. 5 kg 3 kg 2 kg RM6 Product Z1 550 650 D7 20,000 17,000 D8 2 kg 2 kg 1 kg RM3 Product Z2 800 1,200 D8 12,000 10,000 a. Sales budget b. Production budget (units) c. Material usage budget (units) d. Material purchase budget (units and RM) e. Labour budget (hours and RM) D9 Required: Prepare the following functional budgets for year 2020: 2 kg 3 kg RM4 Product Z3 650 900 Labour is paid based on hours worked. The expected hour to produce one unit of Z1 is 5 hours, Z2 is 6 hours and Z3 is 7 hours. All products are produced by the same grade of labour with a wage rate of RM6 per hour. D9 17,000 11,000 The production overhead is budgeted to be RM200,000 while the non- production overhead is expected to be RM150,000 per annum. 4. Suny Sdn Bhd produces three products Z1, Z2 and 23. These products are using the same type of materials: D7, D8 and D9. Budgeted sales volumes of these products for the year 2020 are 2,500 units of Z1, 5,000 units of 22 and 3,500 units of Z3. Selling price per unit for each product is RM100, RM135 and RM140 respectively. The followings are the information on standard and budget for the year 2020. Standard usage of materials for one unit of product D7 i. Product Z1 Product Z2 Product Z3 Cost per kg of material ii. Opening (units) Closing (units) Inventories of finished goods iii. Inventories of materials Opening (kg) Closing (kg) iv. V. 5 kg 3 kg 2 kg RM6 Product Z1 550 650 D7 20,000 17,000 D8 2 kg 2 kg 1 kg RM3 Product Z2 800 1,200 D8 12,000 10,000 a. Sales budget b. Production budget (units) c. Material usage budget (units) d. Material purchase budget (units and RM) e. Labour budget (hours and RM) D9 Required: Prepare the following functional budgets for year 2020: 2 kg 3 kg RM4 Product Z3 650 900 Labour is paid based on hours worked. The expected hour to produce one unit of Z1 is 5 hours, Z2 is 6 hours and Z3 is 7 hours. All products are produced by the same grade of labour with a wage rate of RM6 per hour. D9 17,000 11,000 The production overhead is budgeted to be RM200,000 while the non- production overhead is expected to be RM150,000 per annum.

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Here are the functional budgets for Suny Sdn Bhd for year 2020 a Sales budget Product Budgeted sales ... View the full answer