Question: QUESTION 4 ( 1 7 marks ) JollyB ( Pty ) Limited manufactures and sells a single product. The following inf you. 1 . The

QUESTION 4(17 marks) JollyB (Pty) Limited manufactures and sells a single product. The following inf you. 1. The budgeted sales values for 2025 are as follows 2. The budgeted selling price is R200 per unit of finished products. 3.\(80\%\) of sales are on credit, and are collected in the following pattern: -\(40\%\) in the month of sale. -\(50\%\) in the month following the month of sale. The remainder in the second month following the month of sale. There al 4. The company requires the closing inventory of finished goods to be equal month's budgeted sales in units. 5. Each unit manufactured requires three (3) kilograms of Material X. Raw kilogram. 6. The company requires its closing inventory of raw material \( X \) to be \(\varepsilon \) manufacturing requirements. The company had only 1000 kilog February 2025.7. It takes two (2) hours at the rate of R80 per hour to manufacture each un Required: Calculate the following: 4.1 The number of units that must be manufactured in April and May. 4.2 The total kilograms of material \( X \) needed in April. 4.3 The total labour costs for May. 4.4 The budgeted cash receipt for June
QUESTION 4 ( 1 7 marks ) JollyB ( Pty ) Limited

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!