Netflex Computer Supplies produces and sells office equipment and is preparing the budget for next month....
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Netflex Computer Supplies produces and sells office equipment and is preparing the budget for next month. The following details are extracts from the budgeting records: Office equipment Budgeted sales (units) Opening inventory Selling price $ Desktop computers Laptops Printers 63 290 120 36 120 208 90 230 51 Closing inventory is 30% of sales units for the month. All three products are made products are made using two types of materials (material A and B) and two types of labour (skilled C and unskilled D). The amount of each input is as follows: Office equipment Material A Material B Labour C Labour D Meters Cubic meters Hours Hours Desktop computers Laptops Printers 4 2 3 5 8 2 1 2 Cost $12 per meter $7 per cubic meter $4 per hour $6 per hour Netflex's opening inventory are as follows: Material A 142 meters Material B 81 cubic meters Netflex intend to increase this during April, so that there are sufficient raw materials to produce 50 units of each item of equipment. You are required to calculate the following: i. Budgeted sales ii. Budgeted production for all three items iii. Budgeted usage of materials A and B iv. Materials purchases budget v. Labour budget (3 marks) (5 marks) (6 marks) (2 marks) (4 marks) Netflex Computer Supplies produces and sells office equipment and is preparing the budget for next month. The following details are extracts from the budgeting records: Office equipment Budgeted sales (units) Opening inventory Selling price $ Desktop computers Laptops Printers 63 290 120 36 120 208 90 230 51 Closing inventory is 30% of sales units for the month. All three products are made products are made using two types of materials (material A and B) and two types of labour (skilled C and unskilled D). The amount of each input is as follows: Office equipment Material A Material B Labour C Labour D Meters Cubic meters Hours Hours Desktop computers Laptops Printers 4 2 3 5 8 2 1 2 Cost $12 per meter $7 per cubic meter $4 per hour $6 per hour Netflex's opening inventory are as follows: Material A 142 meters Material B 81 cubic meters Netflex intend to increase this during April, so that there are sufficient raw materials to produce 50 units of each item of equipment. You are required to calculate the following: i. Budgeted sales ii. Budgeted production for all three items iii. Budgeted usage of materials A and B iv. Materials purchases budget v. Labour budget (3 marks) (5 marks) (6 marks) (2 marks) (4 marks)
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Related Book For
Horngrens Cost Accounting A Managerial Emphasis
ISBN: 978-0134475585
16th edition
Authors: Srikant M. Datar, Madhav V. Rajan
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