Hazelnut wishes to calculate an operating budget for the forthcoming period. Information regarding products, costs and...
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Hazelnut wishes to calculate an operating budget for the forthcoming period. Information regarding products, costs and sales level is as follows: Product A Materials required X(kg) Y(litres) Sales (units) Opening inventory (units) 4 8 4,000 3,000 200 400 Closing inventory of materials and finished goods will be sufficient to meet 10% of sales. Opening inventory of material X was 600 kg and for material Y was 2,000 litres. Material prices are $10 per kg for material X and $8 per litre for material Y. Produce the following budget: (i) Production budget Product A: Product B: units units (ii)Materials budget purchase Material X: Material Y: ($) Hazelnut wishes to calculate an operating budget for the forthcoming period. Information regarding products, costs and sales level is as follows: Product A Materials required X(kg) Y(litres) Sales (units) Opening inventory (units) 4 8 4,000 3,000 200 400 Closing inventory of materials and finished goods will be sufficient to meet 10% of sales. Opening inventory of material X was 600 kg and for material Y was 2,000 litres. Material prices are $10 per kg for material X and $8 per litre for material Y. Produce the following budget: (i) Production budget Product A: Product B: units units (ii)Materials budget purchase Material X: Material Y: ($)
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