Q2 Sdn. Bhd. is a manufacturing company. It manufactures 2 types of products, known as 'Al'...

  

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Q2 Sdn. Bhd. is a manufacturing company. It manufactures 2 types of products, known as 'Al' and 'A2'. The following information is given for a period: - The standard direct material and direct labour used for each product is as follows: Material 1 Material 2 Direct Labour Material 1 Material 2 Direct Labour 'Al' 2 units 3 units 4 hours Standard direct material and direct labour costs: (RM) 10.00 per unit 15.00 per unit 20.00 per hour Opening inventory (units) Closing inventory (units) Other important data is as follows for the period: Direct material *A2' 4 units 6 units 8 hours Material 1 9,000 10,000 Forecast sales (units) Selling price per unit Ending inventory required (units) Beginning inventory (units) Material 2 8,500 2,000 Finished product 'Al' 'A2' 9,000 2,000 RM600 RM700 2,000 200 100 100 Forecast sales (units) Selling price per unit Ending inventory required (units) Beginning inventory (units) AZ 9,000 2,000 RM600 RM700 2,000 200 100 100 Prepare the budgets for parts (a)-(e), and answer the question in part (f). (a) Sales budget (4 marks) (b) Production budget (4 marks) (c) Direct materials usage budget (4 marks) (d) Direct materials purchase budget (4 marks) (e) Direct labour budget (4 marks) (f) Discuss TWO (2) importance of cash budgets. (5 marks) 1 Q2 Sdn. Bhd. is a manufacturing company. It manufactures 2 types of products, known as 'Al' and 'A2'. The following information is given for a period: - The standard direct material and direct labour used for each product is as follows: Material 1 Material 2 Direct Labour Material 1 Material 2 Direct Labour 'Al' 2 units 3 units 4 hours Standard direct material and direct labour costs: (RM) 10.00 per unit 15.00 per unit 20.00 per hour Opening inventory (units) Closing inventory (units) Other important data is as follows for the period: Direct material *A2' 4 units 6 units 8 hours Material 1 9,000 10,000 Forecast sales (units) Selling price per unit Ending inventory required (units) Beginning inventory (units) Material 2 8,500 2,000 Finished product 'Al' 'A2' 9,000 2,000 RM600 RM700 2,000 200 100 100 Forecast sales (units) Selling price per unit Ending inventory required (units) Beginning inventory (units) AZ 9,000 2,000 RM600 RM700 2,000 200 100 100 Prepare the budgets for parts (a)-(e), and answer the question in part (f). (a) Sales budget (4 marks) (b) Production budget (4 marks) (c) Direct materials usage budget (4 marks) (d) Direct materials purchase budget (4 marks) (e) Direct labour budget (4 marks) (f) Discuss TWO (2) importance of cash budgets. (5 marks) 1

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a b c d e f Sales Budget units Selling price Budgeted Sales value Sales Add Closing inventory Total ... View the full answer