Mazila Limited produces three products A, B and C. The following information is relevant: Sales Materials...
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Mazila Limited produces three products A, B and C. The following information is relevant: Sales Materials used in the company's products: Material Unit cost Quantities used in material: Product Product Product Finished stocks: Quantities 1 January 31 January ABU C Product A B с 1,000 1,100 MI (units) MI K4,000 MI (units) 4 Product A (units) 26,000 31,200 432 3 2 Quantity (units) 1,000 2,000 1,500 1,500 1,650 M2 (units) M2 K6,000 M2 (units) Product B (units) 20,000 24,000 23 1 Price (K'000) 100 120 140 500 550 Materials stocks: Quantities 1 January 31 January Required: Using the information given above, prepare the budgets for the month of January for: (i) Sales in quantity and value, including total value; M3 (units) M3 K9,000 Product C (units) M3 (units) 12,000 14,400 2 1 (ii) Production quantities; (iii) Material usage in quantities; (iv) Materials purchases in quantity and value, including total value. The budgets must be prepared in columnar format. Mazila Limited produces three products A, B and C. The following information is relevant: Sales Materials used in the company's products: Material Unit cost Quantities used in material: Product Product Product Finished stocks: Quantities 1 January 31 January ABU C Product A B с 1,000 1,100 MI (units) MI K4,000 MI (units) 4 Product A (units) 26,000 31,200 432 3 2 Quantity (units) 1,000 2,000 1,500 1,500 1,650 M2 (units) M2 K6,000 M2 (units) Product B (units) 20,000 24,000 23 1 Price (K'000) 100 120 140 500 550 Materials stocks: Quantities 1 January 31 January Required: Using the information given above, prepare the budgets for the month of January for: (i) Sales in quantity and value, including total value; M3 (units) M3 K9,000 Product C (units) M3 (units) 12,000 14,400 2 1 (ii) Production quantities; (iii) Material usage in quantities; (iv) Materials purchases in quantity and value, including total value. The budgets must be prepared in columnar format.
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