Part I (90%) QUESTION/TASK 1(50%): Task 1a: CLO3 OBJECTIVE: The purpose of this assignment is to enable learners to understand an organisation's financial goals through the preparation of operating, financial, and cash budgets that together integrate into a business plan REQUIREMENT: Budgets and Budgetary Controls Question Alya Sdn Bhd. produces and sells granite pots and pans with glass lids to a Japanese company. Rushdi, the new manager, wants to keep an eye on the quarterly budgets for the third quarter ending 30 September 2023 to ensure that the sales targets can be met despite the current economic situation. As a result, the following data is available: Pots Pans Direct material (Granite) Direct material (Glass) Direct material (Handles) ASSIGNMENT QUESTION Standard variable costs: POTS 60,000 units @RM100 each Direct materials: Granite Glass Handles Total Total materials Direct labour Variable manufacturing overhead Budgeted sales: Budgeted inventories: Beginning 20,000 8,000 32,000 kg 29,000 kg 6,000 units POTS PANS 40,000 units @RM125 each 2 hours @ RM12.00 2 hours @ RM1.50 15.00 3.00 58.00 24.00 Ending 25,000 10,000 5kg @RM8.00 RM40.00 4kg@RM8.00 RM32.00 3kg @RM5.00 3kg@RM5.00 15.00 1 @RM3.00 3.00 85.00 36,000 kg 32,000 kg 7,000 units PANS 3 hours @ RM16.00 3 hours @ RM1.50 47.00 48.00 4.50 99.50

ASSIGNMENT QUESTION Part I (90\%) QUESTION/TASK 1(50\%): Task 1a: CLO3 OBJECTIVE: The purpose of this assignment is to enable learners to understand an organisation's financial goals through the preparation of operating, financial, and cash budgets that together integrate into a business plan REQUIREMENT: Budgets and Budgetary Controls Question Alya Sdn Bhd. produces and sells granite pots and pans with glass lids to a Japanese company. Rushdi, the new manager, wants to keep an eye on the quarterly budgets for the third quarter ending 30 September 2023 to ensure that the sales targets can be met despite the current economic situation. As a result, the following data is available