Question 01 a. Explain Mission and mission Statement and explain how mission statement would help business to formulate strategic plan b. Explain in details about Goals, Objective and Targets (10) Question - 02 XTL limited which manufactures and sells one product and plans to prepare its budget for July. August and September, 2018 Forecast sales are as follows: Units July 18,000 August 22.000 September 24,000 October 20,000 November 21,000 The company aims the following To carry finished goods stock equal to 50% of the following moths sales at the end of the each month propremem 000 Materia KAROOR 12.000KS tale Dout Lahat Variable production Cherboad Variable sig overtid Selling mount 54 parks 56 perk 52 per labor hour. 15 hours per 52 per labor our 2.5 of kies Value 5.50 per unit Prepare the following budget Sa Budget ) Production caw material purchase Budget for both material Labor Bad Factory Overheid (10) Question - 02 XTL, limited which manufactures and selts one product and plans to prepare its budget for July August and September 2018 Forecast sales are as follows Units 18.000 August 22.000 September 34.000 October 30,000 21.00 The company aims the following To carry finished goods stock equal to 50% of the following mothes sales at the end of the each month July Scanned with CamScanner ...elisks at the end of each othequlo 21 of ned monti Some me espected to miste Mac MORE Mara 120 kg Mena OLA Mater1 reta Variable production Overhead Vantablecling werhead Sigrice $ 4 per kg $6 per kg S2 per labor hour, 1.5 hours per unit $2 per late hour 25% of sales Value $50 per unit Prepare the following budget Sale Budget hy Tents Raw material purchase Budget for both material it Lab Elabot el Factory Overhead Hudget